{"id":7899,"date":"2008-06-16T00:00:00","date_gmt":"2008-06-16T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"ashmore-fund-offers-827-mln-for-rest-of-manila","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2008\/ashmore-fund-offers-827-mln-for-rest-of-manila.html","title":{"rendered":"Ashmore fund offers $827 mln for rest of Manila"},"content":{"rendered":"<p>MANILA (Reuters) &#8211;<a href=\"http:\/\/feeds.feedburner.com\/~a\/reuters\/UKFundsNews?a=9veb2M\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~a\/reuters\/UKFundsNews?i=9veb2M\" border=\"0\" \/><\/a>&nbsp;A unit of investment fund Ashmore Group said on Friday it has offered to buy the remaining 60 percent stake in Philippine oil refiner Petron for nearly $827 million, which would give it full control of the company. <\/p>\n<p>SEA Refinery Holdings B.V., a company owned by Ashmore Investment Management Limited, agreed to buy a 40 percent stake in Petron for $550 million from Saudi Aramco earlier this year.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" height=\"1\" src=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~4\/312845760\" width=\"1\" border=\"0\" \/><br \/><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~3\/312845760\/idUKORM62672820080616\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA (Reuters) &#8211;&nbsp;A unit of investment fund Ashmore Group said on Friday it has offered to buy the remaining 60 percent stake in Philippine oil refiner Petron for nearly $827 million, which would give it full control of the company. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[859,693,117,359],"class_list":["post-7899","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-aftermath","tag-good-managers","tag-investment-arm","tag-investment-returns"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7899"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7899\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}