Retail tycoon Lucio Co is selling another personal investment to one of his publicly-listed corporations.
In a brief disclosure to the Philippine Stock Exchange, Puregold Price Club said it is acquiring 100 percent of the Co family’s PSMT Philippines Inc. for P112.5 million.
“The Board of D
Cosco Capital, Inc., the listed retail holding firm of tycoon Lucio L. Co, posted a 19.7 percent growth in consolidated net income to P8.7 billion in the first nine months of 2022 from P7.27 billion in the same period last year.
In a disclosure to the Philippine Stock Exchange, the firm said its n
The local stock market may bounce a bit this week on continued bargain hunting but continuing concerns about rising interest rates and the weakening peso is seen to put a cap on any gain in share prices.
“With five straight weeks of decline, the last one posting 4.42 percent worth of losses, we ma
Retail tycoon Lucio Co is making a P1.5 billion windfall from the sale of his own stake in brandy firm Williams & Humbert SA to his publicly-listed liquor distribution company The Keepers Holdings Inc.
According to Abacus Securities Corporation’s Short Takes, the P1.5 billion profit is more th