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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

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

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

Two sides of story: UST juniors football team makes stand after punching incident in UAAP final

The UST Junior Golden Booters ask fans to look at two sides of the story after their goalkeeper, Ben Sabuga, punched FEU Baby Tamaraws defender Bryan Villanueva at the end of the UAAP boys' football final.....»»

Category: newsSource:  rapplerRelated NewsMar 1st, 2024

Angeline Poyos nahirang ulit bilang UAAP Player of the Week

SA pangatlong pagkakataon ngayong UAAP Season 86, nahirang na Player of the Week si Angeline Poyos. The post Angeline Poyos nahirang ulit bilang UAAP Player of the Week first appeared on Abante......»»

Category: newsSource:  balitaRelated NewsApr 6th, 2024

Angeline Poyos nahirang ulit bilang UAAP Player of the Week

SA pangatlong pagkakataon ngayong UAAP Season 86, nahirang na Player of the Week si Angeline Poyos. The post Angeline Poyos nahirang ulit bilang UAAP Player of the Week first appeared on Abante......»»

Category: newsSource:  balitaRelated NewsApr 6th, 2024

Angeline Poyos nahirang ulit bilang UAAP Player of the Week

SA pangatlong pagkakataon ngayong UAAP Season 86, nahirang na Player of the Week si Angeline Poyos. The post Angeline Poyos nahirang ulit bilang UAAP Player of the Week first appeared on Abante......»»

Category: newsSource:  balitaRelated NewsApr 6th, 2024

Suspended Lady Warriors coach wants side heard as UE appeals UAAP decision

UE Lady Warriors head coach Jerry Yee is looking to have his voice heard when he formally files for appeal following the UAAP board’s decision to suspend him for the rest of UAAP Season 86 due to allegations of “committing acts that are inconsistent with the purposes of the association.”.....»»

Category: sportsSource:  philstarRelated NewsMar 4th, 2024

UST shatters NU s 34-game win streak in UAAP men s volleyball

The UST Golden Spikers turned themselves into giant slayers after ending the NU Bulldogs’ dominance in UAAP men’s volleyball, winning their opening match of UAAP Season 86 in straight sets, 25-23, 26-24, 25-19......»»

Category: sportsSource:  philstarRelated NewsFeb 18th, 2024

Defending UAAP crown will be difficult, Lady Spikers coach admits

Reigning UAAP women’s volleyball champions La Salle Lady Spikers will have a tough time defending their title in the upcoming UAAP Season 86 volleyball competition, a coach said......»»

Category: sportsSource:  philstarRelated NewsFeb 12th, 2024

Lady Tamaraws stay on semis hunt

The Far Eastern University Lady Tamaraws continue to inch closer to the last remaining Final Four spot of the UAAP Season 86 women’s volleyball tournament after sweeping the Adamson Lady Falcons, 25-19, 25-23, 25-23 Tuesday at the Smart Araneta Coliseum......»»

Category: sportsSource:  philstarRelated NewsApr 9th, 2024

Lady Tamaraws aim higher as Final Four spot looms

The FEU Lady Tamaraws aren’t content with their place as “best of the rest” after they inched closer to a UAAP Season 86 volleyball Final Four spot with their three-set drubbing of the Adamson Lady Falcons to improve to 6-4 in the standings......»»

Category: sportsSource:  philstarRelated NewsApr 9th, 2024

Lady Tamaraws, Lady Falcons collide in pivotal match

Far Eastern University tries to widen its gap from multiple chasers for the coveted fourth spot, while Adamson wants to stay in the thick of the race when they figure in a crucial duel in the UAAP women’s volleyball tournament......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024