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Themis Group sets Ferronoux tender offer price at P2.22 per share - BusinessWorld Online

Summary by bworldonline.com
HOLDING COMPANY THEMIS Group Corp. has priced its mandatory tender offer for publicly held shares of listed shell company Ferronoux Holdings, Inc. at P2.22 per share, with the total offer amounting to P284.81 million as part of its backdoor listing plan. The tender offer will run from March 19 to April 21, Ferronoux said in a stock exchange disclosure on Thursday. Apart from the tender offer, Ferronoux previously disclosed that it would conduct …

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bworldonline.com broke the news in on Thursday, March 13, 2025.
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