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BusinessWorld

DoubleDragon raises MerryMart stake to 98.61%, paving way for delisting

DOUBLEDRAGON Corp. has increased its ownership in MerryMart Consumer Corp. to 98.61% following the completion of a mandatory tender offer, effectively securing near-full control of the listed retailer and paving the way for its planned delisting from the Philippine Stock Exchange (PSE). In a regulatory filing on Thursday, DoubleDragon said shareholders tendered and the company […]

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Source: bworldonline.com

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