CEB’s planned P25.73 billion primary and secondary share offering gets nod

The Securities and Exchange Commission (SEC) has approved the planned initial public offerings of Cebu Air Inc. (CEB) to allow the airline unit of JG Summit Holdings (operating under the brand Cebu Pacific Air) to raise up to P25.73 billion from the overseas and domestic markets.
Documents filed with the SEC show, Cebu Air is planning [...]

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