Advertisements


We are sorry, the requested page does not exist




Jollibee buys 10% stake in Botrista for $28-M

Jollibee disclosed that it purchased a 10% stake in Botrista, a “leader in the beverage technology space”, for $28 million through its subsidiary, Jollibee Worldwide Pte. Ltd......»»

Category: financeSource:  philstarRelated NewsApr 1st, 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

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

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

Security Bank, Helios team up for solar energy in households

Security Bank Corp. has tied up with climate fintech firm Helios to boost the access of Filipino homeowners to clean and sustainable energy......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Security Bank advances sustainability journey to deliver meaningful stakeholder impact

Security Bank made significant advancements in its sustainability journey last year, and has ambitious plans for 2024......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Security Bank automates wealth management business

Security Bank Corp. has signed a five-year contract to automate its wealth management processes in line with efforts to become one of the most technologically advanced banks in the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

Security Bank advances sustainability journey to deliver meaningful stakeholder impact

Security Bank made significant advancements in its sustainability journey last year, and has ambitious plans for 2024......»»

Category: financeSource:  philstarRelated NewsFeb 28th, 2024

Security Bank drives digital transformation of wealth management business with Avaloq

Security Bank drives digital transformation of wealth management business with Avaloq.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Security Bank, Epson partner for financing

Security Bank Corp. has partnered with Epson Philippines Corp. for a special financing program for Epson’s distributors and dealers to help them fulfill big-ticket orders which usually tighten liquidity......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Security Bank sees 5.8 percent economic growth in Q4

Security Bank Corp. believes the Philippine economy grew by 5.8 percent in the fourth quarter last year, bringing the full-year gross domestic product growth to 5.6 percent in 2023......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

DoF considering IPOs for LandBank, DBP

The Philippine News Agency reported that the Department of Finance, under new Secretary Ralph Recto, is “exploring amendments to the charters of the Land Bank of the Philippines and Development Bank of the Philippines”, which Mr. Recto said could include “their possible public listing, to broaden the local capital market.”.....»»

Category: financeSource:  philstarRelated NewsFeb 26th, 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

CLI secures PCC approval for JV with Singapore builder

Property developer Cebu Landmasters Inc. has received approval from the antitrust body to proceed with its joint venture with a Singapore-based builder for the construction of high-end residences in Cebu City......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

First power privatization under President Marcosgets PCC nod

The country’s antitrust agency has cleared the first power privatization project under the Marcos administration as the deal is unlikely to reduce competition in the market......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Students trained on key consumer info, laws

Students trained on key consumer info, laws.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024