Yahoo! Philippines News - Latest Philippines News & International News Headlines: BPI, PNB shares in trading halt as owners confirm acquisition deal

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BPI, PNB shares in trading halt as owners confirm acquisition deal Nov 21st 2012, 05:40 The Ayala Group and the Lucio Tan Group on Wednesday asked the Philippine Stock Exchange for a voluntary trading suspension of their respective shares of stock, confirming speculations they were indeed in talks for Ayala's Bank of the Philippine Islands to buy a majority of Lucio Tan's Philippine National Bank.

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