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Smart tender offer move

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Businessman Lucio Tan’s latest action in the country’s flag carrier, Philippine Airlines (PAL), once more proved his business acumen.

Posted: October 27th, 2014 in Headlines | Read More »

Tan starts offer for PAL shares

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LUCIO TAN

Businessman Lucio Tan on Wednesday launched a voluntary tender offer priced at a sharp discount to buy out minority shareholders of flag carrier Philippine Airlines and its listed owner PAL Holdings Inc., according to a regulatory filing.

Posted: October 23rd, 2014 in Latest Business Stories | Read More »

Tan consolidates hold on PAL

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LUCIO TAN

Businessman Lucio Tan is offering to buy out the interests of minority shareholders in flag carrier Philippine Airlines and its listed holding firm PAL Holdings Inc.

Posted: October 18th, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

Lucio Tan offers to buy out PAL minority shareholders

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Lucio Tan FILE PHOTO

The group of businessman Lucio Tan is offering to buy out minority shareholders of flag carrier Philippine Airlines (PAL) and its listed holding firm, PAL Holdings Inc., in a voluntary tender offer transaction, a company official said on Friday.

Posted: October 17th, 2014 in Latest Business Stories | Read More »

New group taking over Jackstones

An investor group that includes an estranged brother of tycoon Lucio Tan is taking over a controlling stake in publicly listed shell company Jackstones Inc., allowing the infusion and backdoor-listing of new businesses.

Posted: October 14th, 2014 in Headlines | Read More »

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