Grand Titan makes $223m in tightly priced GT Capital block
Grand Titan Capital Holdings has raised Ps9.85bn ($223m) from divesting some of its stake in Philippine conglomerate GT Capital Holdings in a block trade on Tuesday, February 2. Despite pricing at a tight discount against the backdrop of a recent share price rally, investors flocked to the transaction as they put their trust in the company and the country’s strong growth story.
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