Tag: acquisition

THE LOGISTICS ARM of Metro Pacific Investment Corp. (MPIC) acquired on Friday P204.79-million worth of properties in Bulacan as it ramps up its warehouse operations.

Jollibee Foods Corp. said it will be venturing into the Mexican restaurant business in the US through acquiring almost half of a Chicago-based Mexican...

Premiere Horizon Alliance Corp. (PHA) is taking over two mining companies, marking its entry into limestone exploration. In a disclosure to the stock exchange on...

New York -- PepsiCo said Monday it plans to buy SodaStream, an Israeli maker of carbonation products, for $3.2 billion as the beverage and...

Davao-based businessman Dennis A. Uy continues his acquisition spree with the purchase of P1.28 billion worth of shares in listed firm ISM Communications Corp. In...

SM Investments Corp. said it is in the final stages of acquiring a 34% stake in Goldilocks Bakeshop, Inc., months after the deal to...

The logistics unit of Metro Pacific Investments Corp. (MPIC) has completed its acquisition of a 12% stake in logistics services provider Air21, in line...

THE LAND BANK of the Philippines (LANDBANK) said shareholders representing 43% of the fixed-income bourse have accepted its offer to buy their shares, with the share purchase agreement (SPA) expected to be signed this week.

THE LAND BANK of the Philippines (LANDBANK) said that about 43% of shareholders in the Philippine Dealing System Holdings Corp. (PDSHC) have accepted the...

LBC Express Holdings, Inc. has acquired remittance and cargo companies based in Singapore and Australia with the goal of upping its global revenue. In a...

SBS Philippines Corp. will continue to diversify through its associate companies by acquiring prime real estate assets in Balintawak and Green Meadows in Quezon...

THE BANGKO SENTRAL ng Pilipinas has approved the plan of UnionBank of the Philippines’ savings lending arm to acquire Philippine Resources Savings Bank Corp. (PR Savings) of the Ropali Group.

The Bangko Sentral ng Pilipinas has approved the plan of UnionBank of the Philippines' savings lending arm to acquire Philippines Resources Savings Bank Corp....

PhilWeb Corp. has acquired two new gaming sites operated by the Philippine Amusement and Gaming Corp. (PAGCOR) in Cebu City. In a disclosure to the...

A $94-BILLION financial behemoth is keeping the market on tenterhooks about its next move.

A UNIT of Metro Pacific Investments Corp. (MPIC) has completed the acquisition of a 49% stake in Vietnamese company that will allow its expansion into the Southeast Asian country’s industrial water concessions, the listed company told the stock exchange on Monday.

By Patrizia Paola C. Marcelo, Reporter The Land Transportation Franchising and Regulatory Board said Uber Philippines (Uber Systems Inc)'s operations as a ride-sharing company or...

Consumer group Laban Konsyumer Inc. on Tuesday told the Land Transportation Franchising and Regulatory Board (LTFRB) to stop meddling in the ongoing review of...

Uber users in the Philippines will still be able to book rides via mobile application as Grab Philippines announced that the Uber app will...

Grab Philippines has assured the Philippine Competition Commission (PCC) of its cooperation in divulging information the anti-trust body may need to complete the review...

Grab said it will find roles for Uber employees in Southeast Asia following the upcoming integration of operations with the sale of Uber's operations...

LBC Express Holdings, Inc. (LBC) is propping up its logistics business with the acquisition of two firms on Tuesday, March 20, valued at a...

The Philippine Competition Commission (PCC) has approved the acquisition of Chinese firm Ningbo Joyson Electronics Corp. (Joyson Electronics) of Takata Corp., a Japanese firm...

UnionBank of the Philippines group is set to acquire the controlling stake of transaction network PETNET, Inc. In a disclosure to the local bourse on...

Below is a statement released by Goldilocks President Richard L. Yee on the scrapped acquisition deal with SM Retail: "I would like to confirm reports in the...

By Krista A. M. Montealegre, National Correspondent PROPERTY GIANT Ayala Land, Inc. (ALI) tightened its grip on the owner and developer of Tutuban Center in Divisoria...

By Arra B. Francia, Reporter CIRTEK HOLDINGS Philippines Corp. will be spending up to $8 million in capital expenditures (capex) in 2018 to further support its...

THE central bank has approved the acquisition of the Philippine Postal Savings Bank (PPSB) by Land Bank of the Philippines (Landbank), which intends to...

LISTED logistics company Harbor Star Shipping Services, Inc. has acquired 60% of a solar power plant operator in General Santos City for $6.3 million...

THE PHILIPPINE Competition Commission (PCC) has given the green light for Chelsea Logistics Holdings Corp. (CLC) to acquire domestic shipping firm Starlite Ferries, Inc. In...

MANILA/SINGAPORE — Jollibee Foods Corp., the fast food chain that controls more than half of the Philippines’ $4-billion market with its signature fried chicken,...

PHILIPPINE POSTAL Savings Bank (PPSB) has been directed to transfer all its assets, liabilities, records, systems and other appurtenant items to the Land Bank...

THE Philippine Competition Commission (PCC) has approved Global Business Power Corporation’s (GBP) acquisition of a 50% stake in Alsons Thermal Energy Corp. (ATEC), which...

HONG KONG -- Jollibee Foods Corp., popular in the Philippines for its sweet-style spaghetti and fried chicken, is exploring a bid for Britain’s Pret...

THE HOLDING FIRM of Davao-based businessman Dennis A. Uy has finalized its acquisition of Enderun Colleges, Inc., furthering its foray into the education sector. In...