RRHI PSE exit looms as board backs delisting plan

Robinsons Retail Holdings Inc. MANILA, Philippines — Robinsons Retail Holdings, Inc. (RRHI) is moving toward an exit from the Philippine Stock Exchange (PSE) after its board approved a voluntary delisting. This was anchored on a P18.37-billion tender offer by its controlling shareholder. In a disclosure on Friday, the Gokongwei-led retailer said the move followed a