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PhilWeb buyers split acquisition
Manila Bulletin
|December 8, 2025
Gregorio Araneta III’s P1.8 billion management takeover of gaming firm PhilWeb Corp. will be undertaken in two tranches, effectively moving back the requirement for mandatory tender offer to minority shareholders.
PhilWeb disclosed to the Philippine Stock Exchange that principal shareholder Gregorio Araneta Inc. (GAINC) executed an amendment to its Share Purchase Agreement with Nexora Holdings Inc. (NHI) and Velora Holdings Inc. (VHI) for the sale of GAINC’s 57 percent interest in the company.
PhilWeb President and Director Edgar Brian L. Ng is also the current President, Chairman, and a Director of Nexora. PhilWeb Vice Chairman and Director Crisanto Roy B. Alcid is a Director and Treasurer of Nexora.
Diese Geschichte stammt aus der December 8, 2025-Ausgabe von Manila Bulletin.
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