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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

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

Japanese firm to double stake in REDC

Japanese conglomerate Tokai Corp. will double its equity exposure in Repower Energy Development Corp., a subsidiary of Pure Energy Holdings Corp......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Strong corporate earnings boost market

The stock market advanced for a fifth straight session yesterday as strong corporate earnings in the first quarter helped buck negative cues from Wall Street overnight......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Fruitas raises P200 million from corporate notes

Fruitas Holdings Inc. has completed its maiden private placement, raising P200 million from the issuance of corporate notes......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Fruitas raises P200-M through sale of corporate notes

Fruitas disclosed that it sold P200 million worth of corporate notes in a private placement to banks and institutional investors......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Austria leads Grumpy Joe to CJHGC Corporate Cup triumph

Jonar Austria recorded a consecutive 54 points to anchor Grumpy Joe to victory in Group 1 at the close of the 18th Corporate Cup at Camp John Hay Golf Club here Friday......»»

Category: sportsSource:  philstarRelated NewsMar 25th, 2024

AEBC Corporate Cup: Deo tows CBM Engineering past Davies Paints

CEBU CITY, Philippines — The CBM Engineering cruised to its second straight win behind Ivan Deo’s 30-point game against Davies Paints, 88-77, in the Architects and Engineers Basketball Club (AEBC) 7th Corporate Cup 2024 on Friday evening, March 22, at the University of San Carlos (USC) main campus gymnasium.  Deo erupted for 30 points, and.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

Three-peat seeking FH trails by 5 in Corporate Cup golf tourney

Jonar Austria fired 54 points, Oscar Gallo contributed 45 and Von Vargas added 42 as Grumpy Joe zoomed to a five-point lead over defending champion Forest Hills-Megafiber in Group 1 of the 18th Camp John Hay Corporate Cup......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

Corporate Cup golf: BCM, Perfect Drive mount early leads

Karl Flores scored 46 points while Gerry Aguado and Arnel Panganiban added 44 and 42 to lift BCM Balayan to a commanding lead in Group 4 after the first round of the 18th Corporate Cup held at the Camp John Hay Golf Club......»»

Category: sportsSource:  philstarRelated NewsMar 19th, 2024

Undermanned Modern Windows routs Landlite in Corporate Cup

Undermanned Modern Windows routs Landlite in Corporate Cup.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

Defending champs CS4 beats Davies Paints in AEBC Corporate Cup opener 

CEBU CITY, Philippines — The defending champions, CS4, routed Davies Paints, 73-60, to start their title retention campaign on the winning side of the ongoing Architects and Engineers Basketball Club (AEBC) 7th Corporate Cup 2024. Kyle Esbra finished with a game-high of 22 points with one rebound, two steals, and two assists. Garrick Bande added.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024

AEBC Corporate Cup: CBM, Phelps Dodge, Avantrac beat foes in opening match

CEBU CITY, Philippines — CBM Engineering, Phelps Dodge, and Avantrac logged opening game victories as the Architects and Engineers Basketball Club (AEBC) 7th Corporate Cup 2024 kicked off on Friday evening at the University of San Carlos (USC) main campus gymnasium.  CBM Engineering manhandled Golden Hammer Construction and Supply, 95-77, while Phelps Dodge earned a.....»»

Category: newsSource:  inquirerRelated NewsMar 16th, 2024

Morissette Amon cries foul over alleged poor performance at corporate event

Singer Morissette Amon broke her silence over an alleged poor performance at a corporate event. .....»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024