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MREIT to acquire P13.15-B in office buildings through share swap
MREIT announced that it has applied to the SEC to approve a property-for-share swap transaction with its parent company, Megaworld, where MREIT will acquire six “Grade A buildings” from MEG in exchange for 926,162,000 primary MREIT shares......»»
Capital One to Acquire Discover for $35 Billion in Merger of Major US Credit Card Companies
Capital One Financial has announced plans to purchase Discover Financial Services in a landmark deal valued at $35 billion. The acquisition, which will be an.....»»
Natalie Portman ‘divorced’ na sa asawang French choreographer
MAKALIPAS ang 11 years, single na ulit ang sikat na Hollywood actress na si Natalie Portman. Ayon sa isang source ng AFP na malapit sa Oscar-winning actress, kumpirmadong hiwalay na si Natalie sa kanyang mister na French choreographer na si Benjamin Millepied. Magugunita na noong Hulyo ng nakaraang taon, nag-file for divorce ang aktres na.....»»
Natalie Portman divorces French husband after 11 years of marriage
LOS ANGELES—Natalie Portman has divorced her French choreographer husband, a source close to the Oscar-winning actress told AFP on Friday, March 8. The “Black Swan” star filed last July to end her marriage of 11 years to Benjamin Millepied, said People magazine, which first reported the news. The divorce was finalized in France last month, the.....»»
French ambassador fetes PeopleAsia awardees
French Ambassador Marie Fontanel hosted last week a reception for PeopleAsia’s “People of the Year” awardees for 2024 in her official residence in Makati, with members of the diplomatic corps and top businessmen in attendance......»»
ICTSI remains on expansion mode even as risks abound
Ports tycoon Enrique Razon Jr. is keeping an eye out for expansion opportunities in four regions as the billionaire indicated he has no plans of standing idle even in the face of emerging risks......»»
Thai billionaire actor makes presence felt in Philippines
Heir to the Central Group fortune, Pachara “Peach” Chirathivat, was in town just this week......»»
Why Chinabank is special to Henry Sy’s family – and what we can learn from it
When you think about why the minority Chinese-Filipino community is more prosperous than the larger Filipino community, think about the late billionaire Henry Sy’s first loan.....»»
Villar’s PREIT utilizes IPO proceeds for energy projects
Billionaire Manuel Villar Jr.’s Premiere Island Power REIT Corp. has used up all of the proceeds it obtained from its initial public offering to bankroll energy projects in Luzon......»»
Balai Ni Fruitas acquires Sugarhouse
Balai Ni Fruitas, a subsidiary of the Lester Yu-controlled Fruitas, disclosed that it will acquire the bakeshop Sugarhouse in a deal that is scheduled to close by the end of the month......»»
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”......»»
PLDT takes out P4 billion green loan for expansion
Telco leader PLDT Inc. has doubled down on its strategy to acquire sustainable loans as it took out P4 billion in green financing from Metropolitan Bank and Trust Co. to fund its network expansion......»»
MPTC offers P2.5 billion to buy out government share in CAVITEX
Metro Pacific Tollways Corp. is willing to spend as much as P2.5 billion to acquire the remaining interest of the government in the operations and maintenance of the Manila-Cavite Expressway......»»
Philippine to buy 5 Japan-made coast guard ships
The Philippine Coast Guard (PCG) is set to acquire five new patrol boats from Japan for P23.85 billion......»»
PLDT buys 35% of Meralco unit
Telco giant PLDT Inc. is showing no signs of slowing down its broadband expansion, this time investing P2.12 billion to acquire more than a third of shares in a sister subsidiary......»»
‘Michael Yang’s associates have gone into hiding’
Associates of former president Rodrigo Duterte’s economic adviser Michael Yang, who is being investigated by a House committee for drug links, may have all gone into hiding after being found to have faked their identities and used spurious documents to acquire vast landholdings in the country......»»
Phinma to acquire another school, eyes expansion overseas
The Phinma Group is beefing up its network of educational institutions as it set its sights on acquiring more schools in the country and abroad......»»
Consunji Group to acquire Cemex for $305.6 million
The Consunji Group is solidifying its entry into the cement business with a $305.6-million acquisition in Cemex Asian South East Corp., the principal shareholder of Cemex Holdings Philippines......»»
‘US authorities secure documents vs Bautista’
Representatives of the United States Justice Department and Homeland Security arrived in the Philippines three weeks ago to acquire documents for the prosecution of former poll chief Andres Bautista, Commission on Elections Chairman George Garcia disclosed yesterday......»»
Another green loan on the table for PLDT
Telco giant PLDT Inc. is planning to acquire another sustainable loan within the year, this time to help finance some of its initiatives in bridging the digital divide......»»