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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

DAR vows to distribute remaining 1 million land titles

The Department of Agrarian Reform will distribute the remaining one million land titles to farmer-beneficiaries before the term of President Marcos ends in June 2028......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024

Remaining 36 families refuse to leave homes in Hipodromo

Remaining 36 families refuse to leave homes in Hipodromo.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

27 rebel returnees get educational, financial aid; Tongson joins call for remaining defactors surrender

27 rebel returnees get educational, financial aid; Tongson joins call for remaining defactors surrender.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

What’s Pi Day all about? Math, science, pies and more

Math enthusiasts around the world, from college kids to rocket scientists, celebrate Pi Day on Thursday, which is March 14 or 3/14 — the first three digits of an infinite number with many practical uses. Around the world many people will mark the day with a slice of pie — sweet, savory or even pizza......»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

PLDT, Smart ramp up cloud initiatives

Telco giant PLDT Inc. and its wireless unit Smart Communications Inc. are bolstering their cloud initiatives with the establishment of the cloud center of excellence......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

PLDT guns for share of PVL lead, tests winless Strong Group

PLDT aims to reclaim a share of the lead with Choco Mucho as the former tackles Strong Group Athletics Tuesday in the Premier Volleyball League All-Filipino Conference at the PhilSports Arena......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

PLDT guns for share of PVL lead, tests winless Strong Group

PLDT aims to reclaim a share of the lead with Choco Mucho as the former tackles Strong Group Athletics Tuesday in the Premier Volleyball League All-Filipino Conference at the PhilSports Arena......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

PLDT, Smart collaborators lift Davao s cacao farmers, agropreneurs

PLDT, Smart collaborators lift Davao s cacao farmers, agropreneurs.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

PLDT, Smart collaborators lift Davao s cacao farmers, agropreneurs

PLDT, Smart collaborators lift Davao s cacao farmers, agropreneurs.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

PLDT drubs Akari to stay atop of PVL standings

PLDT hacked out a 25-17, 25-20, 25-19 drubbing of Akari to leapfrog to the top alongside powerhouse Creamline in the Premier Volleyball League All-Filipino Conference at the PhilSports Arena......»»

Category: sportsSource:  philstarRelated NewsApr 2nd, 2024

PLDT, Choco Mucho gun for share of PVL lead

PLDT and Choco Mucho eye a victory over Akari and Galeries Tower, respectively, Tuesday and a piece of the lead in the Premier Volleyball League All-Filipino Conference at the PhilSports Arena......»»

Category: sportsSource:  philstarRelated NewsApr 1st, 2024

PLDT, Smart named among world’s leading employers

PLDT Inc. and its wireless unit Smart Communications Inc. have been named among the Top One Percent of Leading Employers of 2023 by German firm Institute of Research and Data Aggregation......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024