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                    [ArticleID] => 131108
                    [Title] => Alliance Global buys real estate company
                    [Summary] => Food and beverage conglomerate Alliance Global Group, Inc. (AGI) has completed the acquisition of property developer First Centro, Inc. by taking a 98.63-percent stake work P817.6 million in the company.


Alliance Global informed the Securities and Exchange Commission that it had bought out the combined stake in First Centro of a group of existing stockholders totalling 729,999,945  shares.  It acquired the shares at a book value of P1.12 per share.


AGI will complete the buy-in with a cash payment of P817.6 million within the next 60 days.


                    [DatePublished] => 2001-08-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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THROUGH FIRST CENTRO

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                    [ArticleID] => 131108
                    [Title] => Alliance Global buys real estate company
                    [Summary] => Food and beverage conglomerate Alliance Global Group, Inc. (AGI) has completed the acquisition of property developer First Centro, Inc. by taking a 98.63-percent stake work P817.6 million in the company.


Alliance Global informed the Securities and Exchange Commission that it had bought out the combined stake in First Centro of a group of existing stockholders totalling 729,999,945  shares.  It acquired the shares at a book value of P1.12 per share.


AGI will complete the buy-in with a cash payment of P817.6 million within the next 60 days.


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abtest

Alliance Global buys real estate company

August 23, 2001 - 12:00am

Food and beverage conglomerate Alliance Global Group, Inc. (AGI) has completed the acquisition of property developer First Centro, Inc. by taking a 98.63-percent stake work P817.6 million in the company. Alliance...

Business