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Maynilad Water Services Inc. is set to make a splash in the market even after trimming its sale price, as it moves closer to completing the second-biggest initial public offering (IPO) in Philippine history.
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A nearly P100-million tender offer is being readied for Coal Asia Holdings, with Pure Water Corp. and Quad Water Corp. seeking to buy out the company’s remaining public shares at a significant discount to the market price.
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CEBU CITY--President Ferdinand Marcos Jr. on Friday thanked private groups, volunteers and government agencies for the help extended to families affected by the magnitude 6.9 earthquake in northern Cebu last Sept. 30.
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Public-Private Partnerships (PPPs) are often framed as contractual or financial arrangements or mechanisms that enable collaboration between the government and the private sector in the delivery of infrastructure and services.
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New NAIA Infrastructure Corp. (NNIC), the private consortium operating the Ninoy Aquino International Airport, has opened its brand-new Mezzanine Food Hall at Terminal 3 — a 6,000-square-meter dining hub signaling the airport’s ongoing transformation into a modern, world-class gateway.
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Megawide Construction Corp. has clinched the Notice of Award from the City Government of Baguio for the P1.2-billion Baguio City Integrated Terminal (BCIT), a 40-year PPP project.
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It’s still a few weeks from listing, but water utility Maynilad Water Services Inc. appears to be a breakout success, especially given the prevailing turbulent market conditions.
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Nestlé, the world’s largest food company, is entering one of its biggest shake-ups yet under new CEO Philipp Navratil, who is launching a sweeping transformation to make the 158-year-old giant leaner, faster, and more digital.
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The Yuchengco family-backed EEI Corp., one of the country’s largest construction firms, is making its biggest move yet beyond its core business with the P2.8-billion cash acquisition of First Orient International Ventures Corp.
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