Nestor Tan
Nestor Tan
Nestor V. Tan is the president and CEO of BDO Unibank, Inc., the Philippines' largest bank in terms of total resources, loans, deposits, and assets under management as of end 2015...
binding offer open responsibility written
In general, we are open to considering any formal, written and binding offer for our investment. It is our responsibility to our shareholders.
open reviewing understand
We understand that they are still reviewing our proposal. We will still be open to discussions.
gotten merger
As for the merger proposition, they have not gotten back to us.
answer board equitable hoping merger number three
I think we will be number three (after the merger with Equitable PCI). We're hoping to get an answer from Equitable PCI board before the end of this month.
cap company credit impact large lead merger moves positive price stock
The merger will also lead to stock price re-rating as the merged company moves to large cap category, which should have a positive impact on its credit rating.