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BCDA open to selling SCTEX share for P20 billion
The government wants at least P20 billion from the Metro Pacific Tollways Corp. (MPTC) in the potential sale of its 50 percent stake in the Subic-Clark-Tarlac Expressway (SCTEX)......»»
Haute summer: Store openings, pop-up stores solidify Manila’s claim as fashion capital
Here are some updates on new fashion store openings in town that further stake Manila’s claim as a budding global fashion capital, as the “world’s richest man in fashion” Bernard Arnault, Chairman and Chief Executive Officer of Louis Vuitton Moet Hennessy (LVMH), believed Manila would be......»»
ABS-CBN reveals Leandro Leviste as 2nd largest shareholder
ABS-CBN disclosed that LL Holdings, a subsidiary of Leandro Leviste’s private holdco, Countryside Investments Holdings Corp., acquired 76,500,000 shares of ABS equivalent to a 8.5% stake in the former broadcasting giant......»»
Quarters spots at stake in PBA Friday scorcher
Despite recent struggles or even an embarrassing game last time out, the dreams of four aspirants in the tight race for the PBA Philippine Cup playoffs are within reach......»»
Leviste acquires 8.5% stake of ABS-CBN
Entrepreneur Leandro Leviste, founder of renewable energy firm Solar Philippines, purchased P76.5 million worth of shares of ABS-CBN Corp. or 8.5% of the network......»»
BDO: No plan to buy stake in NAIA rehab
The country’s largest bank is confirmed to be one of the lenders that will fund the P170.6-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), but rejected any and all offers to be an investor in the project......»»
Tapales returns
Marlon Tapales, the former unified and two-division world champion, returns to the ring against Nattapong Jankaew of Thailand on May 10 with the WBC Asia Continental super bantamweight title at stake at the Midas Hotel and Casino......»»
PCC reviews Ayala unit’s acquisition of North Luzon drugstore chain
PCC reviews Ayala unit’s acquisition of North Luzon drugstore chain The Philippine Competition Commission (PCC) is conducting a deeper review of the proposed acquisition by Ayala Corp.’s unit of a substantial stake in North Luzon drugstore chain St. Joseph Drugstore......»»
US House votes for possible TikTok ban if Chinese owners don’t sell
WASHINGTON — The House passed legislation Saturday that would ban TikTok in the United States if the popular social media platform’s China-based owner doesn’t sell its stake within a year, but don’t expect the app to go away anytime soon. The decision by House Republicans to include TikTok as part of a larger foreign aid package,.....»»
Blockbuster card in Mandaue
A seven-fight, 58-round card called Engkwentro 13 is guaranteed to rock the Mandaue Cultural and Sports Complex on May 1 with a pair of WBO Oriental championships at stake in a double main event featuring undefeated prospects and a former two-time world titlist gunning for another crack at the crown.....»»
Dumam-ag gears up for WBO regional title fight in Mandaue City
CEBU CITY, Philippines — Lorenz “Shotgun” Dumam-ag has been grinding himself in training for his Labor Day regional title duel against ARQ Boxing Stable’s Rami “Sharp” Macado at the Mandaue City Sports Complex. Dumam-ag and Macado’s bout puts the vacant World Boxing Organization (WBO) Oriental flyweight title at stake in the main event of the.....»»
GSIS acquires more shares in RCR
State-run pension fund Government Service Insurance System has raised its stake in the real estate investment trust of Gokongwei-led Robinsons Land Corp. over the past two months, bringing it to nearly 8.2 percent......»»
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......»»
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......»»
Cosco ventures into RE with P552 million investment
Cosco Capital Inc. of retail tycoon Lucio Co has formalized its renewable energy venture with a P552-million investment for a majority stake in a company that operates a hydropower plant in Oriental Mindoro......»»
Jollibee invests $28 million in beverage tech firm
Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»
Donald Trumps $3.5bn windfall at stake in Spac deal showdow
The Financial Times, known for its in-depth coverage of global business, economics, and politics, is now offering a special subscription deal for its print edition......»»
Citicore Energy REIT doesn’t deny report of potential 30% stake sale
Citicore Energy REIT responded to a Biz Buzz article that claimed a “blue chip conglomerate” (BCC) was in negotiations to acquire “a little less than 30%” of CREIT in a deal that would be completed “in the coming days or weeks”......»»
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......»»
MPTC to sell stake in Vietnam firm
Metro Pacific Tollways Corp. (MPTC) will sell its Vietnam operations for at least P4 billion to simplify its business structure in preparation for the possible merger with the toll road operations of San Miguel Corp. (SMC)......»»