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MRC Allied buys 31% stake in Rappler

MRC Allied disclosed that it has agreed to purchase the entirety of Dolphin Fire Group’s 31.2% interest in Rappler Holdings Corp, which is the parent company of the Rappler news company......»»

Category: financeSource: philstar philstarApr 8th, 2024

MRC Allied moving into ICT industry with P75-M investment in Bitstar Prime

MRC Allied confirmed that its initial investment into Bitstar Prime Holdings will be P75 million......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

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

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

On April 2, Rappler interviews Patricia Evangelista on the craft of storytelling

Watch the interview and get to ask Patricia a question by registering as a Rappler user and downloading the Rappler Communities app.....»»

Category: newsSource:  rapplerRelated NewsMar 26th, 2024

SM Investments buys 28.79% stake in CREIT for P5-B

SM Investments spent P5 billion to purchase 1,884,374,000 shares of Citicore Energy REIT from CREIT’s parent company, Citicore Renewable Energy Corp., at a price of P2.6534/share......»»

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

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

A Duterte legacy: Rappler recalls killings in Davao City amid Baste s new drug war

By: CMFR StaffPosted on: April 2, 2024, 1:59 pm CHEERS TO Rappler for pointing out that drug-related killings have not stopped in Davao City as the incumbent mayor issued a declaration of his war on illegal drugs. Recalling.....»»

Category: sportsSource:  abscbnRelated NewsApr 2nd, 2024

A Duterte legacy: Rappler recalls killings in Davao City amid Baste s new drug war

CHEERS TO Rappler for pointing out that drug-related killings have not stopped in Davao City as the incumbent mayor issued a declaration of his war on illegal drugs. Recalling the city's history of killings, reporter Jodesz Gavilan warned.....»»

Category: sportsSource:  abscbnRelated NewsApr 2nd, 2024

Rappler exposes Duterte family s stash of guns

By: CMFR StaffPosted on: March 21, 2024, 5:05 pm CHEERS TO Rappler for its investigative report that revealed the formidable arsenal of guns held by former President Rodrigo Duterte together with at least four members of his family, counting a total of 654 guns. The pie.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Rappler exposes Duterte family s stash of guns

CHEERS TO Rappler for its investigative report that revealed the formidable arsenal of guns held by former President Rodrigo Duterte together with at least four members of his family, counting a total of 654 guns. The piece, written by Lian Buan, Jairo Bolledo, and Jodesz Gavilan, ask.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Atin Ito plans another try at civilian mission to West Philippine Sea - Rappler

Atin Ito plans another try at civilian mission to West Philippine Sea Rappler.....»»

Category: lifestyleSource:  abscbnRelated NewsMar 16th, 2024