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BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis

Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

PAL denies that it has started the groundwork to sell a minority stake to strategic investor

Philippine Airlines issued a clarification to a news article that claimed PAL was looking to sell a 20% to 25% minority stake to a strategic investor, and that PAL “recently formed a team to ‘receive some offers’”......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

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

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......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 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

2 girls drown in Bulacan river

Two teenage girls were found floating in a river in Calumpit, Bulacan on Saturday afternoon......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

2 girls drown in Bulacan river

Two teenage girls were found floating in a river in Calumpit, Bulacan on Saturday afternoon......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

2 girls drown in Bulacan river

Two teenage girls were found floating in a river in Calumpit, Bulacan on Saturday afternoon......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

2 girls drown in Bulacan river

Two teenage girls were found floating in a river in Calumpit, Bulacan on Saturday afternoon......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Missing state university staff found in Sultan Kudarat river, murdered

A missing senior administrative staff of a state university was found dead in a shallow river in Bagumbayan town, Sultan Kudarat province on Wednesday......»»

Category: newsSource:  philstarRelated NewsApr 4th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 11

PHNOM PENH -- A newborn Mekong River Irrawaddy dolphin was spotted on Sunday, becoming the first newborn calf recorded in the country so far this year, the Ministry of Agriculture, Forestry and Fisheries said in a news release. The latest born dolphin calf was seen at a dolphin pool in northeast Kratie province's Chetr Borei district by river guards and a research team of the Fisheries Administration and the Wor.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 11

PHNOM PENH -- A newborn Mekong River Irrawaddy dolphin was spotted on Sunday, becoming the first newborn calf recorded in the country so far this year, the Ministry of Agriculture, Forestry and Fisheries said in a news release. The latest born dolphin calf was seen at a dolphin pool in northeast Kratie province's Chetr Borei district by river guards and a research team of the Fisheries Administration and the Wor.....»»

Category: newsSource:  manilanewsRelated NewsFeb 12th, 2024

River Crossing

Despite the strong current, a family dares to cross the Tubod River in Iligan City on Sunday morning (21 January 2024) shortly after attending a procession for the Santo Niño. Two of them are holding statues of Sto. Niño. The bridge in this area was damaged in a flood in March 2022 but still passable for pedestrians, and was completely washed away by another flood November last year. MindaNews photo by BOBBY TIMONERA.....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

Jerry Acuzar on showcasing Pasig River

For an upcoming episode of my NET25 morning show “Ano Sa Palagay N’yo,” I recently had the privilege of interviewing Jose Rizalino “Jerry” Acuzar, Secretary of the Department of Human Settlements and Urban Development (DHSUD), whose primary task is the responsible management of housing settlement and urban development......»»

Category: entertainmentSource:  philstarRelated NewsMar 4th, 2024