JGS buys MER shares from San Miguel Group at P237 per Share

Based on the disclosure from JGS below, we crunched the numbers to compute how much RSA and JG was pricing their deal and we came up with P236.6/share - That's about 20% discount from yesterday's closing price. If the numbers are correct, this is a pretty good deal for the Gokongweis if you ask me.

If there are some discrepancy on the numbers, please hit on the comment button below. :)

Source: http://pse.com.ph/resource/disclosures/2013/pdf/dc2013-7426_JGS.pdf

Disclosure: I am Long MER.

DISCLAIMER: 

This is not an investment advice and the author shall not be responsible or liable for any trading or investment decisions made based on this information.

The author hereby expressly disclaims any responsibility for any error or inaccuracy in the information.