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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......»»
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......»»
Overtime pay, no admin tasks: Sara Duterte promises more benefits for teachers
(1st UPDATE) For two consecutive years, Vice President Sara Duterte puts a spotlight on teachers' welfare during her education report.....»»
Kevin Spacey denies new allegations to air in UK documentary
Hollywood actor Kevin Spacey has denied new allegations of inappropriate sexual behavior against men, ahead of the release next week of a UK television documentary featuring their claims......»»
Quiboloy on sex abuse allegations: ‘Pinag-aagawan ako’
MANILA, Philippines — Pastor Apollo Quiboloy has refuted the sexual abuse allegations made by former members of his religious sect. Quiboloy made his denial in a 36-minute video statement on Wednesday. The televangelist said he is only being accused of rape because he rejected the women who were “fighting over” him. Quiboloy is the founder and leader.....»»
Leviste to acquire 71% stake in Roxas Holdings for P5 billion from MVP
Solar energy trailblazer Leandro Leviste, through Countryside Investment Holdings Corp., is set to acquire a controlling 71.6% stake in Roxas Holdings Inc. from Hong Kong’s First Pacific Co. Ltd. .....»»
Manila Water sells stake in Bulacan units to SMC
Razon-led Manila Water Co. Inc. is divesting its stake in two Bulacan joint venture corporations for P1 billion to a subsidiary of San Miguel Corp. as it focuses on other activities outside the East Zone concession......»»
Leviste keen on raising ABS-CBN stake
Businessman Leandro Leviste, the son of Sen. Loren Legarda, is willing to increase his stake in the Lopez family’s media company ABS-CBN Corp......»»
SPNEC confirms plans to sell 40% stake in Terra Solar project to foreign investors
SP New Energy, now a Meralco subsidiary under Manny V. Pangilinan’s chairmanship, confirmed reports that it plans to sell “up to 40% equity stake in the Terra Solar” project......»»
BAP selling PDS stake ‘at right conditions’
The Bankers Association of the Philippines is keen on selling its stake in the Philippine Dealing System Holdings Corp. to the Philippine Stock Exchange Inc. at the right conditions......»»
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......»»
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......»»
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.....»»
Pru Life UK expands presence in key Philippine metros with new general agency offices
Leading life insurer, Pru Life UK, continues to make life and health protection products even more accessible to Filipinos by opening several agency offices across the country......»»
Lascañas, ex-cop, claims Sara Duterte ‘invented’ Tokhang
MANILA, Philippines — A confessed Davao Death Squad (DDS) gunman claimed that “Oplan Tokhang,” the brutal “knock and plead” anti-drug operation carried out by former President Rodrigo Duterte’s administration was a brainchild of then Davao City Mayor Sara Duterte. The confessed DDS gunman also claimed that the brother of then Mayor Sara Duterte, then Vice.....»»
FPRRD laughs at claims that Quiboloy provided the Dutertes with guns
FORMER President Rodrigo Duterte only laughed at allegations of an alleged dismissed member of the Kingdom of Jesus Christ (KJC) that he and his daughter, Vice President and Education Secretary Sara Duterte, received guns from KJC's leader, Pastor Apollo C. Quiboloy......»»
PDEA denies Bongbong Marcos was on drug list despite Duterte’s allegations
MANILA, Philippines — President Ferdinand Marcos Jr. was never listed by the Philippine Drug Enforcement Agency (PDEA) for illegal drugs, the agency said on Monday. Former president Rodrigo Duterte, however, asserted last Sunday at a prayer rally in Davao that Marcos had been on the narcotics list, citing evidence shown to him by PDEA during.....»»