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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

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

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

Singil sa kuryente magtataas ngayong Pebrero, ayon sa Meralco

TATAAS nanaman ang singil sa kuryente ngayong Pebrero! Ayon sa power distributor na Manila Electric Co. (Meralco), asahan na madaragdagan ng P0.5738 kada kilowatt-hour (kWh) ang binabayarang kuryente. Ang ibig sabihin niyan, ang overall electricity rate ay papatak ng P11.9168 kada kWh ngayong buwan. Ang residential customers na kumukunsumo ng 200kWh kada buwan ay may.....»»

Category: newsSource:  inquirerRelated NewsFeb 10th, 2024

ANUNSYO: Ilang lugar sa Maynila magba-‘brownout’ sa Feb. 3, ayon sa Meralco

NAGLABAS ng abiso ang Manila Electric Company o Meralco, lalong-lalo na para sa kanilang customer sa Manila. Magkakaroon kasi ng scheduled power interruption o brownout sa ilang lugar sa Sabado, February 3. Ayon sa electric company, dahil ito sa isasagawa nilang maintenance activities katulad ng pole replacement at pagkabit ng lightning protection devices sa M......»»

Category: newsSource:  inquirerRelated NewsFeb 2nd, 2024

Rizal, Bulacan, Laguna, Q.C. makararanas ng ‘brownout’ sa Jan. 21-24 –Meralco

ABISO para sa mga customer ng Manila Electric Company (Meralco)! Pansamantalang makararanas ng brownout ang ilang lugar sa Rizal, Bulacan, Laguna, at Quezon City simula January 21 hanggang 24. Ayon sa electric company, ang scheduled power interruptions ay dahil sa gagawin nilang maintenance works. Narito ang kumpletong listahan ng mga petsa at lugar na maaapektuhan:.....»»

Category: newsSource:  inquirerRelated NewsJan 21st, 2024

Meralco survives Phoenix

In a marathon PBA Commissioner’s Cup quarterfinal showdown, fifth-seeded Meralco generated enough power to pull through and drag No. 4 Phoenix to a sudden death Relying on heart and grit despite trailing by 12 in the fourth, the Bolts forced Phoenix to a stalemate after regulation then outsteadied the Fuel Masters in 15 additional minutes to prevail, 116-107, last night at the PhilSports Arena......»»

Category: sportsSource:  philstarRelated NewsJan 17th, 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, Choco eye share of PVL lead

PLDT and Choco Mucho aim to regain a share of the lead when they face Farm Fresh and Akari, respectively, today in the Premier Volleyball League All-Filipino Conference at the Ynares Center in Antipolo City......»»

Category: sportsSource:  philstarRelated NewsMar 22nd, 2024

PLDT taps ACEN for renewable shift

Telco leader PLDT Inc. is doubling down on efforts to mitigate its carbon emissions, tapping the help of ACEN Corp. in switching dozens of facilities to renewable energy......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024