Quick Take: Converge sputters and 5 more market updates
The slowing customer growth numbers that CNVRG released in Q1 and Q2 were more fuel for this fire
Source: philstar.com
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Stock Commentary: Quick takes from around the market
Quick takes from around the market.
Source: philstar.com
Stock Commentary: 8990 Holdings kills its FOO due to "current market volatility"
All that said, it sounds like HOUSE’s equity investors aren’t as rabid to exit as Coherent Cloud was with CNVRG, so they’re willing to wait a bit to get a better valuation.
United States Khazanah Pasir Salak Rafter Holdings Pasir Salak Investments Coherent Cloud 8990 Holdings Inc
Source: philstar.com
Converge open to new strategic investors
Fiber broadband provider Converge ICT Solutions Inc. is open to taking in new strategic investors as the exit of Warburg Pincus affiliate Coherent Cloud Investments in the company looms.
United States Elon Musk Warburg Pincus Solutions Inc National Telecommunications Commission Coherent Cloud Investments
Source: philstar.com
Stock Commentary: Converge plans P6.5-B buy-back from American investor
Reading the tea leaves here, it really does look like CNVRG is playing catch-up to its partner’s hasty exit.
Source: philstar.com