AC ENERGY and Infrastructure Corp. (ACEIC) has signed a P9.33-billion share purchase agreement with an affiliate of Singapore-based GIC Private Ltd. for a 17.5% stake in the former’s subsidiary AC Energy Corp. (ACEN).

BAIN CAPITAL and Baring Private Equity Asia are among firms considering bids to acquire an outsourcing business from their private equity rival Carlyle Group, Inc., according to people familiar with the matter.

METRO Pacific Tollways South Management Corp. (MPT South) signed a partnership deal with the United States Agency for International Development (USAID) on Monday as part of its efforts to make the Cavite-Laguna Expressway (CALAX) a “green highway.”

SAUDI ARABIA’S sovereign wealth fund is set for what could be the biggest secondary offering of the year in Europe, the Middle East and Africa as it looks to fund a huge investment program to diversify the oil-dependent economy.

DFNN, Inc.’s board of directors has greenlighted a plan to implement a stock rights offering (SRO), subject to regulatory approval.

IFUEL, the petroleum company of iFranchise Business Services Corp., is looking to expand its retail presence to reach 100 gasoline stations next year by offering discounts to retiring overseas Filipino workers (OFWs) and others who want to set up their own business.

Here’s a quick glance at how PSEi stocks fared on Monday, December 6, 2021.

REAL ESTATE tycoon Manuel B. Villar, Jr. said he is developing a 2,000-hectare central business district in the southern part of the Greater Manila.

LOCAL retailers remain optimistic about strong holiday sales despite the threat of the potentially more contagious Omicron coronavirus variant.

THE Philippine Stock Exchange (PSE) has approved the initial public offering (IPO) of residential property developer Haus Talk, Inc., the first company to list on the local bourse in 2022.

CONVERGE ICT Solutions, Inc. is targeting more customers in provinces as it connects more areas with low fiber penetration, its chief operations officer said.

DEL MONTE Pacific Ltd. (DMPL) said it will be issuing $90-million senior fixed-rate notes.