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                    [ArticleID] => 98569
                    [Title] => Gov’t willing to accept lower price for stake in Philphos
                    [Summary] => Government is willing to accept as much as 20 percent less than the P4.2- billion indicative bid price for its interest in Philippine Phosphate Fertilizers, Inc. (Philphos) when the company is privatized this month.


During the pre-bidding conference held early this week, prospective bidders expressed concern that the P4.2- billion indicative price might prove to be unattractive considering the worldwide slump in the fertilizer industry and the general condition of the Philippine economy.


                    [DatePublished] => 2000-10-19 00:00:00
                    [ColumnID] => 133272
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                    [SectionName] => Business
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NISSHO IWAI

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                    [ArticleID] => 98569
                    [Title] => Gov’t willing to accept lower price for stake in Philphos
                    [Summary] => Government is willing to accept as much as 20 percent less than the P4.2- billion indicative bid price for its interest in Philippine Phosphate Fertilizers, Inc. (Philphos) when the company is privatized this month.


During the pre-bidding conference held early this week, prospective bidders expressed concern that the P4.2- billion indicative price might prove to be unattractive considering the worldwide slump in the fertilizer industry and the general condition of the Philippine economy.


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abtest

Gov’t willing to accept lower price for stake in Philphos

October 19, 2000 - 12:00am

Government is willing to accept as much as 20 percent less than the P4.2- billion indicative bid price for its interest in Philippine Phosphate Fertilizers, Inc. (Philphos) when the company is privatized this month. During...

Business