Sunday, May 10, 2026
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Tag: divestment

Aboitiz exits SingLife Philippines in P127.2 million deal

Aboitiz Equity Ventures Inc. (AEV) has completed the sale of its stake in digital life insurer Singapore Life (Philippines) Inc. as part of efforts...

PAGCOR chief refutes conflict-of-interest claims over family’s contracts

Philippine Amusement and Gaming Corp. (PAGCOR) chairman and chief executive Alejandro Tengco on Thursday refuted allegations of conflict of interest regarding public works contracts...

Ayala-led IMI sells VIA Optronics stake in portfolio realignment

Ayala-led Integrated Micro-Electronics Inc. (IMI) has sold its 50.32-percent stake in VIA Optronics Holding AG as part of its portfolio realignment and operational restructuring...

Sierra Madre to divest mature holdings, launch new $150-million fund

Private equity firm Sierra Madre is preparing to divest several of its mature investments and raise a new fund worth $150 million to $200...

Ruiz had no ownership shares in Digital8, PCO says

The Presidential Communications Office (PCO) on Monday refuted claims regarding a joint venture between state-owned broadcaster IBC-13 and Digital8, Inc., calling a recent news...

Ayala unit completes sale of stake in Mindanao coal project

Ayala Corp. said Wednesday wholly-owned subsidiary AC Energy and Infrastructure Corp. completed the divestment of its entire 73-percent economic interest in GNPower Kauswagan coal-fired...

Ongpin completes divestment

Businessman Roberto Ongpin on Friday completed his divestment from PhilWeb Corp., a gaming company listed in the stock exchange. PhilWeb said in a disclosure to...
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