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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: philstar philstarFeb 20th, 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

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

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

54 buses to offset LRT-1 shutdown for Cavite extension, Holy Week

The Department of Transportation will be deploying passenger buses starting Wednesday to offset the shutdown of LRT-1 operations during the Holy Week and in preparation for the opening of five new stations this year......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

Mga babae libre sa MRT-3, LRT-2 sa pagdiriwang ng ‘Women’s Day’

GOOD news sa mga kababaihan na sumasakay ng tren! Magkakaroon kayo ng libreng sakay sa Metro Rail Transit Line 3 (MRT-3) at Light Rail Transit Line 2 (LRT-2) sa darating na Biyernes, March 8. Ito ay para sa pagdiriwang ng “International Women’s Day.” Ang schedule ng “free rides” ay simula 7:00 a.m. hanggang 9:00 a.m.,.....»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

Student hurt in fall from LRT-1 platform

A 17-year-old college student was injured after he fell from the platform bay of a Light Rail Transit Line 1 (LRT-1) station in Quezon City on Thursday......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

Ayala Corp. impacted by Mitsubishi’s discount stake sale

Ayala Corp shares were down as much as 5.7% yesterday on news that Mitsubishi Corp. has started a process to sell 8.6 million AC common shares at a 7% to 9% discount to Wednesday’s P696/share close......»»

Category: financeSource:  philstarRelated NewsJan 11th, 2024

Ayala cooperative taps STAR to promote media literacy

In a bid to enhance media literacy and help expose the youth to truthful, credible news, Ayala Multi-Purpose Cooperative (Ayala Coop) and The Philippine STAR recently joined forces to implement the READISCOVER program in three pilot schools across the country......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

Ayala Corp. raises P6 million from tACbo

Ayala Corp., through Ayala Foundation, raised P6 million from a running event it organized as part of its 190th anniversary......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

Ayala lists investment priorities

Ayala Corp., the country’s oldest conglomerate, will continue to invest in sectors that would help address society’s pain points, its chairman Jaime Augusto Zobel de Ayala said yesterday......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

'tACbo raises PhP6 million for Ayala Foundation’s education programs

MANILA – Runners, fitness enthusiasts, and education advocates banded together to raise at least PhP6 million for Ayala Foundation’s education programs as they participated in tACbo, the biggest running event in Metro Manila this January. Organized by Ayala Corporation to kick off its 190th anniversary, tACbo attracted as many as 6,000 participants in 21K, 10K, […].....»»

Category: newsSource:  journalRelated NewsJan 16th, 2024

Ayala Land to double profit by 2028

Ayala Land Inc., the listed property unit of the Ayala Group, aims to double its net income by 2028 or in five years, a ranking official said yesterday......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

The biggest infra company

San Miguel Corp. president and CEO Ramon S. Ang and Metro Pacific Investments Corp. chair, president and CEO Manuel V. Pangilinan are talking to merge their respective tollways operations – SMC Tollways (under San Miguel Infrastructure Holdings) and Metro Pacific Tollways Corp. MPIC......»»

Category: newsSource:  philstarRelated NewsMar 13th, 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

MPIC likely to pass up on subway bidding

The Metro Pacific Investments Corp. plans to pass up on the opportunity to manage the Metro Manila Subway Project (MMSP), the first underground railway in the Philippines being built by the government......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Spencer Dinwiddie joins Lakers as he teams up with LeBron James – The Daily Guardian

Spencer Dinwiddie, a highly sought-after player on the buyout market, has officially signed with the Los Angeles Lakers, according to sources. The former Dallas Mavericks.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 11th, 2024

MPIC, SMC bids for MRT-3 rejected

The Department of Transportation will decline the privatization offers for the Metro Rail Transit Line 3 made by tycoons Manuel V. Pangilinan and Ramon Ang, as it eyes to get additional offers from the private sector......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

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. .....»»

Category: financeSource:  philstarRelated NewsMay 18th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024