Quick takes from around the market
1. Holcim Philippines [HLCM suspended] [link] wants to make its voluntary delisting from the PSE effective on Nov. 27, 2023. HLCM said that the ownership group was able to acquire an additional 3.62% of HLCM’s public float through the first part of its weird two-part tender offer, which is more than the 0.05% that it needed to get in order to satisfy the PSE’s voluntary delisting rules.