Pepsi PH trading halted as public float falls below 10%

Pepsi PH trading halted as public float falls below 10%

The Philippine Stock Exchange (PSE) suspended trading on shares of Pepsi-Cola Products Philippines Inc. (PCPPI) as the beverage maker’s public ownership had fallen below the 10-percent minimum requirement following the tender offer made by a controlling shareholder. If PCPPI remained noncompliant with the public ownership rule after a six-month suspension, it would automatically be delisted […]