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3 incumbent councilors to join Ruiz’s slate
LAPU-LAPU CITY, Cebu — Three incumbent Cebu City councilors have expressed their intention to join the slate of former Customs Commissioner Yogi Ruiz in the upcoming 2025 midterm elections. However, Ruiz refused to disclose their names, citing concerns that their pending projects may not be funded if they are identified. “Wala pa lang gyud sila.....»»
Rebuilding Cignal signs Bagunas for Spikers’ Turf campaign
The Cignal HD Spikers acquired the country’s top player Bryan Bagunas and a slew of talented young talented blood as part of their major retooling in the Spikers’ Turf unfurling March......»»
PVL or Spikers’ Turf? Rebisco managers hint third team coming
The Rebisco company – owner of uber-popular PVL teams Creamline and Choco Mucho – hint at a third team coming soon, albeit without clues on which league.....»»
MPBA Season 2: ARQ Builders face Quadernos, eye to stretch unbeaten streak
CEBU CITY, Philippines — The ARQ Builders eye to stretch their impressive unbeaten run in the Mandaue’s Pride Basketball Association (MPBA) Season 2: Cebuano Cup. This as, the ARQ Builders face Quadernos in one of the four MPBA games featured on Sunday at the Cebu Port Authority (CPA) gymnasium. ARQ Builders currently leads the south.....»»
Golden Tigresses stake perfect record vs winless Maroons
Opposites collide as unbeaten University Santo Tomas takes on the winless University of the Philippines nearing the homestretch of the UAAP Season 86 women’s volleyball tournament first round......»»
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......»»
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......»»
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’”......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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.....»»
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......»»
So far, so good for HD Spikers
Cignal and Ces Molina flexed their muscles to overpower Galeries Tower, 25-14, 25-16, 25-17, and stay unbeaten in two starts in the Premier Volleyball League All-Filipino Conference at the PhilSports Arena......»»
Lady Spikers grind out 5-set win vs Lady Warriors
The La Salle Lady Spikers were pushed to the limit but did just enough to squeak past the pesky University of the East Lady Red Warriors, 25-23, 21-25, 25-17, 22-25, 15-12, Tuesday evening at the Smart Araneta Coliseum......»»
HD Spikers bounce back, rip Foxies
Jovelyn Gonzaga provided much energy and firepower as Cignal vented its ire on Farm Fresh with a quick, ruthless 25-10, 25-14, 25-15 victory yesterday that tossed the HD Spikers back inside the magic four in the Premier Volleyball League All-Filipino Conference at the PhilSports Arena......»»