Merger of LBP and UCPB with PDIC share acquisition

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EXECUTIVE ORDER NO. 142: Merger of LBP and UCPB with PDIC share acquisition

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Title Supreme Court: Merger of LBP and UCPB with PDIC share acquisition

Law: Executive Order No. 142

Decision Date: Jun 25, 2021

Executive Order No. 142 approves the merger of United Coconut Planters Bank (UCPB) with Land Bank of the Philippines (LBP), transferring all assets and liabilities of UCPB to LBP, and directing government offices to fully implement the merger within six months.

merger approval

acquisition

special preferred shares

END