Wednesday, May 20, 2026
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Tag: acquisition

Anti-trust body clears PLDT’s acquisition of Sky Cable

The Philippine Competition Commission (PCC) approved PLDT Inc.’s acquisition of the broadband business and related assets of Sky Cable Corp. Sky Cable, a subsidiary of...

Company behind GCash acquiring ECPay for P3 billion

Mynt, the holding company of finance super app GCash, signed an agreement with Globe Telecom Inc. and Payment One Inc. to acquire a 100-percent...

Cebu Pacific discloses plan to acquire Boeing fleet

Cebu Air Inc., operator of low-cost carrier Cebu Pacific, said Thursday it plans to purchase narrow-body aircraft  from US plane manufacturer Boeing to "diversify...

British firm acquires 60% of luxury car distributor CATS Group

British automotive company Inchcape Plc is acquiring a 60-percent controlling stake in CATS Group of Companies, a leading distributor of luxury vehicles in the...

AEV teams up with global firm to acquire Coca-Cola Beverages Philippines for $1.8 billion

Aboitiz Equity Ventures Inc. and Coca-Cola Europacific Partners PLC signed a non-binding letter of intent with The Coca-Cola Company to acquire TCCC’s 100-percent ownership...

AIA PH completes MediCard acquisition

AIA Philippines completed the acquisition of MediCard Philippine, Inc., one of the leading health maintenance organizations in the country. It said it completed the acquisition...

ACEN unit hikes stake in Australian business for $173m

ACEN Corp. said Thursday subsidiary ACEN Renewables International completed its acquisition of UPC Renewables Asia Pacific Holdings Pte Ltd.’s and Anton Rohner’s investments in...

Monde Nissin acquiring 15% of Figaro Group

Monde Nissin Corp. said Thursday it is acquiring a 15-percent interest in restaurant chain operator Figaro Coffee Group Inc. for P820.3 million, a move...

Premiere Horizon cancels acquisition of Squidpay stake

Premiere Horizon Alliance Corp. said Friday it canceled its planned acquisition of a 33-percent stake in digital payments firm SquidPay Technology Inc. PHA said in...

San Miguel gets board’s nod to acquire 85.5% of Eagle Cement for P97b

Conglomerate San Miguel Corp. said Tuesday its board of directors approved the acquisition of an 85.5-percent interest in Eagle Cement Corp. owned by Ramon...

MerryMart acquiring 51% of Mindanao-based Cecile’s Pharmacy

MerryMart Consumer Corp. is acquiring a 51-percent stake in a 21-store pharmacy chain in Mindanao. MerryMart said in a disclosure to the stock exchange it...

Ayala acquiring 60% of Air21 for over P6 billion

Conglomerate Ayala Corp. is taking control of logistics provider Air21 Holdings Inc. owned by businessman Alberto Lina to strengthen its position in the fast-growing...

Razon acquires dominant stake in Manila Water

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Zamora, Bitanga acquire technology firm for P850 million

Businessmen Salvador Zamora and Benjamin Bitanga acquired 5G Security Inc.,  a fast-growing, technology-driven security solutions provider operating across the Philippines for P850 million. Zamora and...
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