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What are your thoughts on the BPI and PNB merger?





As we all know, BPI (Bank of the Philippine Islands) and PNB (Philippine National Bank) has confirmed that they are in discussion for a possible merger or acquisition. BPI is currently (As of November 23, 11am) trading at P91.2/share and has reached its target price of P91/share while PNB is trading at P83/share (As of November 23, 11am) with a target price of P87/share.

What are your thoughts about the BPI/PNB merger?

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