VENTURES LTD

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                    [ArticleID] => 232296
                    [Title] => UK firm’s takeover of SPI Technologies stalled
                    [Summary] => UK-based PPM Ventures Ltd.’s plan to take over IT outsourcing firm SPI Technologies will no longer push through as both failed to conclude a sale agreement.


In a disclosure to the Philippine Stock Exchange, SPI chief financial officer Francisco Suarez said the exclusivity period given to PPMV to launch a tender offer for all the outstanding capital stock of SPI has lapsed, with the parties not reaching any agreement on the principal terms and conditions of said offer.


                    [DatePublished] => 2003-12-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 214527
                    [Title] => UK-based firm to acquire 66.7% of SPI Technologies
                    [Summary] => SPI Technologies Inc. said yesterday it has signed a non-binding agreement with UK-based PPM Ventures Ltd. for the sale of 66.7 percent of its fully diluted share capital.


Owned by Prudential plc, one of UK’s largest institutional investors, PPM Ventures is a leading source of private equity finance, specializing in medium and large buy-outs and institutional purchases in Asia and Europe.


                    [DatePublished] => 2003-07-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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UK firm’s takeover of SPI Technologies stalled

By Zinnia B. Dela Peña | December 20, 2003 - 12:00am

UK-based PPM Ventures Ltd.’s plan to take over IT outsourcing firm SPI Technologies will no longer push through as both failed to conclude a sale agreement. In a disclosure to the Philippine Stock Exchange,...

Business

UK-based firm to acquire 66.7% of SPI Technologies

By Zinnia B. Dela Peña | July 22, 2003 - 12:00am

SPI Technologies Inc. said yesterday it has signed a non-binding agreement with UK-based PPM Ventures Ltd. for the sale of 66.7 percent of its fully diluted share capital. Owned by Prudential plc, one of UK’s...

Business