Wednesday, May 20, 2026
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Tag: acquisition

Century Pacific Food acquires Loma Linda brand to expand plant-based business

Century Pacific Food, Inc. (CNPF) said its US-based subsidiary, Century Pacific North America (CPNA), has acquired the plant-based brand Loma Linda from Atlantic Natural...

Manila Water to complete takeover of Wawa Dam operator by Sept. 30

Manila Water Company said Monday it expects to complete its acquisition of Prime Infrastructure Capital Inc.'s (PII) entire stake in WawaJVCo Inc., the operator...

MVP Group eyes San Miguel’s 3.8% share in Meralco

The MVP Group, led by businessman Manuel Pangilinan, is open to acquiring San Miguel Corp.'s 3.8-percent interest in power retailer Manila Electric Co. (Meralco),...

Robinsons Retail enters motorcycle market with P146.4-M Premiumbikes acquisition

Robinsons Retail Holdings, Inc. (RRHI), the retail holding company of the Gokongwei family, has entered the Philippines' growing motorcycle market with the acquisition of...

AXA Philippines assures customers of continued service after BNP Paribas deal

The AXA Group said it has finalized the sale of AXA Investment Managers (AXA IM) to BNP Paribas, one of the world's largest asset...

Top Line buying Phoenix stations in Cebu

Cebu-based fuel retailer Top Line Business Development Corp. is acquiring several gasoline stations owned by Phoenix Petroleum Philippines Inc. in Cebu province. “We’ve laid down...

Top Line acquires 38 stations, big depot, 15 tankers

Cebu-based energy company Top Line Business Development Corp. said Tuesday it acquired 38 retail fuel stations, a 2-million-liter depot and 15 fuel tanker trucks...

Anti-trust body approves Insular-Generali PH merger

The Philippine Competition Commission (PCC) said over the weekend it approved the proposed acquisition of Generali Life Assurance Philippines Inc. by the Insular Life...

PetroEnergy Q1 profit down on expansion costs

Yuchengco-led PetroEnergy Resources Corp. (PERC) on Friday said expansion and acquisition cut its first quarter earnings to P280.8 million from P321.7 million in the...

Security Bank acquires 25% stake in Home Credit

Security Bank Corp. said Friday it completed the acquisition of a 25-percent stake in HC Consumer Finance Philippines Inc. (HCPH), also known as Home...

Aramco buys 25% stake in Unioil Petroleum Philippines

Aramco (Arabian American Oil Company), one of the world’s leading integrated energy and chemicals companies, on Thursday signed definitive agreements to acquire a 25-percent...

PSE acquires another 61.92% stake in PDS for P2.32 billion

The Philippine Stock Exchange Inc. (PSE) signed Thursday an agreement to acquire an additional 61.92-percent stake in Philippine Dealing System Holdings Corp. (PDS) for...

DND allocates P11.7 billion for helmet, body armor acquisition

The Department of National Defense (DND) is allocating PHP11.7 billion to buy ballistic helmets and military body armor for Philippine Army soldiers. In a bid...

SM Group acquires 28% stake in CREIT for P5 billion

Conglomerate SM Investments Corp. (SMIC) said Wednesday it acquired a 28.79-percent stake in Citicore Energy REIT Corp. (CREIT), the country’s first renewable energy real...
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