Philippines' LT Group launches $790 million re-IPO
The Philippine conglomerate’s follow-on attracts 11 cornerstone investors, which have committed about 63% of the base size.
April 08, 2013
LT Group, a Philippine-listed conglomerate controlled by the family of local tycoon Lucio Tan, has raised Ps32.8 billion ($792 million) from a fully marketed follow-on, after fixing the price at the top of the indicative range.
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