JE Holdings Announces Tender Offer to Acquire Robinsons Retail Holdings at $0.87 per Share

Deal Summary

Robinsons Retail Holdings Inc. (RRHI) received stockholder approval for a voluntary delisting from the Philippine Stock Exchange. JE Holdings, owned by the Gokongwei family, has announced a tender offer to acquire RRHI shares at $0.87 per share, a 32.23% premium to the one‑year volume‑weighted average price, pending regulatory approval and a 95% share acceptance threshold.