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Under the deal, Japan’s second-largest lender will buy 382 million RCBC shares at 71 pesos each, more than three times as much as Wednesday’s closing price.
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https://www.forbes.com/sites/jonathanburgos/2022/11/03/japans-sumitomo-mitsui-boosts-stake-in-philippines-rcbc-with-460-million-investment/
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