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First Metro finalizes FAMI sale to ATRAM
The Philippine Star
|December 19, 2024
First Metro Investment Corp. (FMIC), the investment banking arm of Metropolitan Bank & Trust Co. (Metrobank), has finalized the sale of all its shares in First Metro Asset Management Inc. (FAMI) to a consortium.
The consortium includes the ATR Asset Management Group led by its parent company ATRAM Investment Management Partners Corp., MET Holdings Inc. as well as shareholder ATR Holdings, Inc.
In a regulatory filing to the Philippine Stock Exchange yesterday, Metrobank said it has completed the sale of its shares following the execution of a deed of absolute sale.
This story is from the December 19, 2024 edition of The Philippine Star.
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