PH Digest: Puregold exits retail JV with Lawson; Unionbank eyes $193m rights offer

PH Digest: Puregold exits retail JV with Lawson; Unionbank eyes $193m rights offer

Source: Puregold Price Club Inc

Listed retail chain Puregold has decided to sell its convenience store business to its joint venture partner for an undisclosed amount while UnionBank of the Philippines announced plans to raise additional $193 million through a stock rights offer.

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