PLDT Online commits to sell part of its Rocket Internet shares
PLDT Inc. (“PLDT”) (PSE: TEL) (NYSE: PHI) today announced that PLDT Online Investments Pte. Ltd. (“PLDT Online”), an indirect subsidiary, has committed to accept the public share purchase offer of Rocket Internet SE (“Rocket”) for at least 6,800,000 shares, or approximately 67.4% of the total number of Rocket shares directly held by PLDT Online.