Ayala and Providence will launch a tender offer in the Philippines and the United States to acquire all of eTelecare's common shares as well as its American depositary shares at a price of $9.00 per share in cash. The offer price represents an approximate 76% premium over the companyÆs closing price on Nasdaq on September 18. The acquirers are advised by NM Rothschild with Weil Gotshal Manges, SyCip Salazar Hernandez Gatmaitan and Davis Polk...
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