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HK-listed firm to buy 26.8% of Cabangon-led CityState

By Inquirer - 3 months ago
A Hong Kong-listed holding firm is set to acquire a significant stake in CityState Savings Bank Inc. via a P735.9-million share purchase deal, valuing the Cabangon-led bank at around P2.75 billion. In a stock exchange filing on Monday, CityState said CSC Holdings Ltd., through subsidiary CS Capital Investment Pte. Ltd., had entered into a share

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