said an agreement was reached for the sale to Banco de Oro and the SM Group of as many as 180 million shares in Equitable PCI currently held by the Go family.

"There could really be other parties looking at it." Banco de Oro and parent company SM Investments own a combined 34 percent stake in Equitable. The Sy group has offered 1.6 of its shares for eve ...

The SM Group of retail tycoon Henry Sy is planning to sell a portion of its ordinary shares in financial services unit Banco de Oro Universal Bank (BDO) through a secondary offering to ...