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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

Ateneo standout Joson heads to Australia s NBL1

Another Filipina is set to play Down Under as Ateneo alumni Jhazmin Joson announced her signing with the Goldfields Giants in semi-professional league NBL1 in Australia......»»

Category: sportsSource:  philstarRelated NewsApr 2nd, 2024

Blue Eagles lose another player as Gab Gomez leaves Ateneo

'It hurts to let you know that my journey as a Blue Eagle ends and I will be moving forward with my basketball journey,' says Gab Gomez as he ends his Ateneo stint.....»»

Category: newsSource:  rapplerRelated NewsMar 11th, 2024

Ateneo pushes through with car park renovation project amid backlash

Ateneo's top official says only mahogany and gmelina trees will be cut down to make way for the car park's renovation, and they will be replaced by native trees in non-buildable areas of the campus.....»»

Category: newsSource:  rapplerRelated NewsMar 4th, 2024

‘Not their time yet’: De Jesus keeps Ateneo respect high amid La Salle 13-game win streak

Legendary La Salle head coach Ramil de Jesus refuses to belittle rival Ateneo despite his Lady Spikers now holding a 13-game, seven-year winning streak against the Blue Eagles.....»»

Category: newsSource:  rapplerRelated NewsMar 2nd, 2024

La Salle coach shrugs off 13-game Lady Spikers win streak vs Ateneo

DLSU Lady Spikers head coach Ramil de Jesus was in no mood to gloat as his team extended their long-standing win streak against perennial rivals Ateneo in women’s volleyball to 13 games on Saturday......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Ateneo alumni to strut stuff in 4th inter-campus football friendlies

Alumni of the Ateneo are off to paint the town blue as a football friendly series is set to kick off later this month. .....»»

Category: sportsSource:  philstarRelated NewsFeb 16th, 2024

Manhit, Ateneo boys make mark in JGFP finals

King Blue Eaglet Race Manhit led the Middle School Boys Team 2 of Ateneo de Manila to 390 points and to the national team championship in the recent JGFP Interschool National Finals at the Caliraya Springs in Laguna......»»

Category: sportsSource:  philstarRelated NewsFeb 13th, 2024

Quitevis back for one last fight with Ateneo Blue Eagles

Ateneo will have its two co-captains back in the Blue Eagles’ nest for one last flight......»»

Category: sportsSource:  philstarRelated NewsJan 30th, 2024