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MVP, Ang agree to include assets in Indonesia in tollways merger

Businessmen Manuel V. Pangilinan and Ramon Ang have agreed to include the Indonesian projects of Metro Pacific Tollways Corp. in their planned mega-tollways merger......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

BDO Unibank, SM Keppel Land announce merger deal

BDO Unibank, SM Keppel Land announce merger deal.....»»

Category: financeSource:  philstarRelated NewsApr 29th, 2024

Hotel101 signs merger deal

Hotel101 signs merger deal.....»»

Category: newsSource:  sunstarRelated NewsApr 9th, 2024

Landbank-DBP merger not pushing through – Recto

The planned legal merger of the Land Bank of the Philippines and the Development Bank of the Philippines is no longer pushing through as Finance Secretary Ralph Recto deviates yet again from his predecessor......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024

Caritas Financial Plans faces possible liquidation

Pre-need firm Caritas Financial Plans Inc. (CFPI) may be liquidated over the next few months after the government placed it under receivership......»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

JG Summit income triples

Conglomerate JG Summit Holdings Inc. of the Gokongwei family saw a surge in its core profit in the first quarter following strong contributions of its food, real estate and air transport businesses, coupled with the gains realized from its bank merger......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Robinsons Bank systems convert into BPI in 18 months

Bank of the Philippine Islands is looking to convert all branches and systems of Robinsons Bank Corp. in 12 to 18 months, following the merger of the two banks earlier this year......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

MVP, RSA hope to seal tollway deal this year

Negotiations on the planned merger of the toll road units of Metro Pacific Investments Corp. and San Miguel Corp. are moving smoothly so far, with tycoons Manuel V. Pangilinan and Ramon Ang bullish on sealing the deal within the year......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

Producers Savings Bank acquires Leyte rural bank

Producers Savings Bank Corp. has completed its merger with one more rural bank, bolstering the bank’s assets and profit growth via its branch network expansion......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

BDO declares a property dividend of Treasury shares

BDO revealed that its board of directors approved the declaration of a property dividend of BDO Treasury shares that will result from the “eventual merger of BDO and SM Keppel Land Inc.”.....»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

BDO Unibank, SM Keppel land: Notice of Merger

BDO Unibank Inc. announces a merger agreement with SM Keppel Land Inc., with BDO as the surviving entity......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

PSE hopeful on talks for merger with PDS

The Philippine Stock Exchange Inc. (PSE) is aiming to wrap up negotiations with shareholders of the Philippine Dealing System Holdings Corp. (PDS Group) within the first half of the year, paving the way for the long-awaited integration of the local bourse with the fixed income exchange to finally happen this 2024......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Hotel101 moves one step closer to NASDAQ SPAC listing

Hotel101, the global “condotel” subsidiary of Injap Sia’s Double Dragon, announced that it signed a definitive merger agreement with the British Virgin Island-registered JBSPAC Acquisition Corp., with the intent of listing the merged entity on the NASDAQ stock exchange under the symbol “HBNB”......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2024

DoubleDragon unit Hotel101 Global readies US listing

Hotel101 Global Pte. Ltd., the Singapore-headquartered subsidiary of DoubleDragon Corp., has firmed up its planned listing in the United States through a merger with a special purpose acquisition company JVSPAC Acquisition Corp......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

SMC OK to add MPTC Indonesia in joint venture

Diversified conglomerate San Miguel Corp. (SMC) is open to including the Indonesian segment of Metro Pacific Tollways Corp. (MPTC) in the planned merger of the toll road operators......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Why Trump May Benefit from Truth Social Stock Market Merger

A recent study has shed light on the negative effects of excessive screen time on children’s development. Researchers have found that children who spend extended.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 22nd, 2024

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)......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

PLDT: Disputes in final terms led to aborted Sky Cable buyout

Telco giant PLDT Inc. said it failed to agree with Sky Cable Corp. on the commercial terms of their P6.75-billion merger, leaving them no choice but to call off the deal abruptly......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Sky-high debt a major factor in aborted cable TV merger

It was a ‘til debt do us part’ of sorts that caused the collapse of talks between telco giant PLDT Inc. and Sky Cable Corp.’s parent firm ABS-CBN, industry sources said......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

PLDT-Sky Cable merger unplugged

Telco giant PLDT Inc. will no longer pursue its P6.75-billion buyout of Sky Cable Corp., marking the second time a deal between the two was called off......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024