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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......»»
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......»»
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......»»
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......»»
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.....»»
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......»»
Phoenix rises from 21-point hole to stay alive vs Hotshots
The Phoenix Fuel Masters flipped the script in the second half and successfully clawed back from a 21-point second quarter deficit to force a Game 4 in the PBA Commissioner’s Cup semifinals against the Magnolia Hotshots, 103-85, Sunday at the Mall of Asia Arena in Pasay City......»»
PBA All Stars hopping over to Davao next
The PBA is looking at Davao as potentially the next venue for the annual All-Star Weekend as it considers bringing the annual festivities to Mindanao after back-to-back stops in the Visayas......»»
PBA All-Stars settle for draw
The 2024 PBA All-Star ended in a draw as Team Mark came from behind against Team Japeth, 140-140, Sunday night at the University of St. La Salle gymnasium in Bacolod......»»
PBA All-Stars promise competitive game
Expect a competitive PBA All-Star game in Bacolod this weekend, as Japeth Aguilar and the rest of Team Japeth aim to go back-to-back on Sunday......»»
Why vaultboy has ‘everything’ in his music
American singer-songwriter vaultboy has a thing for the word “everything,” to the point that he named his forthcoming album after it and incorporated the term into five out of the 12-track titles. He previously featured this word in his viral debut hit everything sucks......»»
James Yap fulfilled after record All-Star appearance in Bacolod homecoming
James Yap claims the record for most PBA All-Star Game selections, seeing action for Team Mark in an entertaining clash with Team Japeth that ended in a draw in Bacolod City.....»»
Who’ll be All-Star Game MVP?
Scottie Thompson, nursing a bad back, won’t be able to play for coach Tim Cone’s Team Japeth against coach Jorge Gallent’s Team Mark in the highlight of the PBA All-Star extravaganza at the University of St. La Salle gym in Bacolod City tonight......»»
Del Monte edges closer to crown, leads by 18
Del Monte all but secured the PAL Seniors Interclub crown with a superb 155-point output, storming away from the pack with a commanding 18-point lead over Canlubang after three rounds of play back at their home turf in Bukidnon Saturday......»»
Eriobu shines in PBA finals debut as Magnolia makes San Miguel sweat
Sidelined for most of the playoffs, Joseph Eriobu makes the most out of his PBA finals debut as he and Magnolia almost complete a late comeback from a 20-point hole against San Miguel.....»»
Free-throw woes aside, San Miguel survives Magnolia in PBA final opener
San Miguel needs to fine-tune its free throw shooting as it nearly blows a 20-point lead before escaping Magnolia to draw first blood in the PBA Commissioner's Cup finals.....»»
Torion to spearhead Yogi’s ‘Sports for All’ basketball program
CEBU CITY, Philippines — Former PBA star Jimwell Torion will oversee the basketball program of the soon-to-be-launched “Sports for All” advocacy of former Customs Commissioner Yogi Filemon Ruiz. Ruiz has officially announced that he will be launching a comprehensive and city-wide sports program in March as part of his “Sports for All” advocacy. This was.....»»