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Jollibee buys 10% stake in Botrista for $28-M

Jollibee disclosed that it purchased a 10% stake in Botrista, a “leader in the beverage technology space”, for $28 million through its subsidiary, Jollibee Worldwide Pte. Ltd......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis

Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

PAL denies that it has started the groundwork to sell a minority stake to strategic investor

Philippine Airlines issued a clarification to a news article that claimed PAL was looking to sell a 20% to 25% minority stake to a strategic investor, and that PAL “recently formed a team to ‘receive some offers’”......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

PAL revives stake sale to investors

Taipan Lucio Tan has revived plans to sell a significant stake in Philippine Airlines (PAL) to a strategic investor who could help the flag carrier soar to even greater heights, industry sources said......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

AboitizPower hikes stake in STEAG

Aboitiz Power Corp. has acquired an additional 15.6 percent stake in STEAG State Power Inc., boosting its equity to a majority of 85 percent......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Metro Pacific exploring purchase of Ayala Corp.’s LRT-1 stake

Back in mid-January, news broke that Ayala Corp. was looking to sell its 35% stake in Light Rail Manila Corp. to the Villar Group, but that AC’s co-investor, Metro Pacific Investments, had the right of first refusal under its shareholders agreement......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

MPIC to pursue buyout of Ayala stake in LRT-1

Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

REDC anchor investor buys secondary share stake

This transaction highlights the important differences between primary (new) and secondary (pre-owned) shares. In this case, had TOKAI purchased the stake in primary shares from REDC......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

MGreen hikes stake in SPNEC

MGen Renewable Energy Inc. a wholly owned subsidiary of Meralco Powergen Corp., has raised its stake in integrated solar developer SP New Energy Corp......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Germany mulling sale of stake in top gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar wi.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Germany mulling stake sale in major gas importer - Bloomberg

Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Ayala Corp. is interested in selling LRT-1 stake to Villar Group

Bilyonaryo is reporting from a source that Ayala Corp. is interested in selling its 35% stake in Light Rail Manila Corp.  to Manny Villar, but that Metro Pacific Investments, AC’s co-investor in LRMC, has a right of first refusal......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

USC NABC Finals unwraps on Sunday

CEBU CITY, Philippines — The much-awaited finals of the “The Last Dance” North Alumni Basketball Club (NABC) Congressman Bingo Bagtik Matugas Cup of the University of San Carlos (USC) will fire off this weekend at the USC North Campus gymnasium. Four of NABC’s divisions will clash in the finals to determine the champions for this.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

Cesafi: USC wins game one over USPF in women’s volleyball finals

CEBU CITY, Philippines— The University of San Carlos (USC) Lady Warriors grabbed game one of their Best-of-Three finals series against the University of Southern Philippines Foundation (USPF) Lady Panthers in the Cebu Schools Athletic Foundation, Inc. (Cesafi) women’s volleyball finals on Sunday, January 28, 2024, at the USC Main Campus gymnasium. The Lady Warriors of.....»»

Category: newsSource:  inquirerRelated NewsJan 28th, 2024

G2 Blacklist thwarts fellow Filipinos for Wild Rift League finals slot

G2 Blacklist secured their Wild Rift League (WRL) Asia Season 2 Finals slot after beating fellow Philippine team, NAOS Esports, 4-2, in the lower bracket finals of the Wild Rift Asia-Pacific Conference......»»

Category: sportsSource:  philstarRelated NewsJan 14th, 2024

Scorpions, Dragons dispute UCAL crown

Centro Escolar University enhanced its bid for a first-ever back-to-back championship when it outlasted Lyceum of the Philippines University-Batangas, 71-64, to clinch the first finals berth in the Universities and Colleges Athletic League-PG Flex Linoleum Season 6 yesterday at the Paco Arena in Manila......»»

Category: sportsSource:  philstarRelated NewsMar 15th, 2024

CEU, Diliman seal UCAL title showdown

Centro Escolar University enhanced its bid for a first-ever back-to-back championship when it outlasted Lyceum of the Philippines University-Batangas, 71-64, to clinch the first finals berth in the Universities and Colleges Athletic League-PG Flex Linoleum Season 6......»»

Category: sportsSource:  philstarRelated NewsMar 14th, 2024

Yulo enters vault, parallel bars finals at FIG artistic gymnastics worlds

Filipino Olympic gymnast Carlos Yulo is advancing to the finals of vault and parallel bars of the FIG Artistic Gymnastics World Cup in Doha......»»

Category: newsSource:  philstarRelated NewsApr 19th, 2024

Gilas Women miabante sa Asia Cup q’finals

Gilas Women miabante sa Asia Cup q’finals.....»»

Category: newsSource:  sunstarRelated NewsMar 31st, 2024

Eala enters doubles finals in W75 Croissy-Beaubourg netfest

Alex Eala zeroed in on her second pro doubles title by teaming up with Estelle Cascino in their march to the finals of the W75 Croissy-Beaubourg in France......»»

Category: sportsSource:  philstarRelated NewsMar 30th, 2024