Eagle Cement (EAGLE PM) MTO Open, Closing on 5 December
The net MTO price after deducting charges is PHP21.8833. At the current price and for the 14 December payment, the gross and annualised spread to...
Eagle Cement: Regulatory Approval Paves the Way for San Miguel’s MTO at PHP22.02
The approval paves the way for an MTO of the remaining 11.50% minority shares at PHP22.02, likely next month. At the last close, the spread to the...
Eagle Cement’s Potential MTO of PHP22.02 from San Miguel
The regulator should approve as it previously considered San Miguel and ECC as part of the same group. Timing is the key risk. At the last close,...
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