UnionBank Raising Up To $1.1 Billion To Fund Acquisition Of Citigroup’s Philippine Consumer Banking Unit |
| April 01, 2022 | April 2022 Bond Updates |
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UnionBank of the Philippines—which counts the Aboitiz family as its biggest shareholder—is raising as much as 59 billion pesos in a stock rights offering to fund the acquisition of Citigroup’s consumer banking business in the country. |
| View more at: https://www.forbes.com/sites/jonathanburgos/2022/03/31/unionbank-raising-up-to-11-billion-to-fund-acquisition-of-citigroups-philippine-consumer-banking-unit/ |
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