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METRO Pacific Investments Corp. (Metro Pacific) looks all set to delist from the Philippine Stock Exchange (PSE) next month, on Friday saying that initial results of a tender offer had allowed it to hit the required threshold for the company to be taken private.
THE Government Service Insurance System (GSIS) has more than doubled its stake in Metro Pacific Investment Corp. (MPIC) in just under two weeks, a move that could scuttle the firm s plans to delist from the Philippine Stock Exchange (PSE).