Tuesday, December 9, 2025
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Tag: acquisition

Metro Pacific completes acquisition of coconut producer Franklin Baker

Metro Pacific Investments Corp. (MPIC) announced Wednesday it has completed the acquisition of Mindanao-based coconut manufacturer and supplier Franklin Baker Company of the Philippines...

Maharlika to get 20% NGCP stake by 2026—Garin

The Department of Energy (DOE) expects the Maharlika Investment Corp. (MIC) to finalize its acquisition of a 20-percent stake in the National Grid Corporation...

DigiPlus using internal funds to buy P12-b casino

DigiPlus Interactive Corp. said it will primarily use internally generated funds to finance the P12-billion acquisition of New Coast Hotel Manila, an integrated hotel...

Billease acquires Rural Bank of Sta. Maria

Billease, which began as a Buy Now Pay Later (BNPL) platform, is expanding into a comprehensive digital-centric banking infrastructure following its acquisition of the...

Manila Water acquires 74.85% stake in Mexico’s Agua de Puebla

Manila Water Co. Inc., through its wholly-owned subsidiary Manila Water Asia Pacific Pte. Ltd., announced Wednesday it signed a binding term sheet to acquire...

Prime Infra revamps leadership at Manila Water, gas asset business

Prime Infrastructure Capital Inc. said Tuesday it is strengthening its leadership team to accelerate growth across its water and energy businesses following its recent...

DigiPlus to acquire controlling stake in casino operator IEC for P12 billion

DigiPlus Interactive Corp. is set to acquire a controlling economic stake in International Entertainment Corp. (IEC), which operates the New Coast Hotel Manila, an...

Asiabest Group approves valuations for P9.9 billion in planned acquisitions

MAKATI CITY—Listed firm Asiabest Group International Inc. said Friday its board has approved the valuation for three companies it plans to acquire, moving forward...

Aramco seals acquisition of 25% stake in Unioil

Unioil Petroleum Philippines Inc. announced Friday the successful closing of its strategic partnership with Saudi Arabia’s state-owned firm Aramco, one of the world’s leading...

AboitizPower buys 25% stake in Vietnam coal plant for $220 million

Aboitiz Power Corp. said Thursday it will acquire a 25-percent equity stake in Vietnam's Van Phong Power Company Limited (VPCL) from Sumitomo Corp. for...

PCC approves MUFG Bank’s purchase of minority stake in JACCS

The Philippine Competition Commission (PCC) has approved the acquisition by MUFG Bank, Ltd. (MUFG Bank) of a minority stake in JACCS Co., Ltd. (JACCS). Cleared...

PCC clears P50-billion sale of First Gen gas units to Prime Infra

First Gen Corp. said Friday it received an approval from the Philippine Competition Commission (PCC) for the sale of a 60-percent equity stake in...

EEl Corp. buys property developer First Orient for P2.8 billion

EEl Corp. has acquired all of the common shares of First Orient International Ventures Corp. (FOIVC) from KC Land Oriental Pacific Inc. (KLOPI) for...

Anscor sells minority stake in Bistro Group for P1.914 billion

A. Soriano Corp. (Anscor) said Thursday it sold its entire minority stake in TBG Food Holdings Inc., the company behind The Bistro Group of...
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