Aboitiz

18 Jan 2025

12:04PM

Aboitiz, Coke bottling giant rename century-old Cola Cola PH after P100-B takeover

Coca-Cola Beverages Philippines is undergoing a name change after being purchased for P100 billion by a venture led by Coca-Cola Europacific Partners and conglomerate Aboitiz Equity Ventures.

27 Nov 2024

11:22AM

Sabin Aboitiz adds 3rd airport to aviation empire with Bohol-Panglao win

A new lord of the skies has emerged as Tycoon Sabin Aboitiz’s Aboitiz Group secures its third airport deal with the Bohol-Panglao International Airport, set for upgrades starting 2025.

5 Nov 2024

8:53AM

Ayala Land takes over 17.5-hectare Mandaue, Cebu venture from Aboitiz, PCC clears deal

Aboitiz Equity Ventures (AEV) and Aboitiz Land have finalized the sale of their shares in Cebu District Property Enterprise Inc. (CDPEI) to Ayala Land for P1.8 billion.

30 Oct 2024

4:50PM

End of an era: Megawide exits Cebu airport, Aboitiz assumes full control

By: Miguel R. Camus

Tycoon Edgar Saavedra’s Megawide Construction Corp. finalized its exit from the Mactan Cebu International Airport, a project the company won a decade ago under the Aquino administration’s public-private partnership program.

29 Oct 2024

10:16AM

Aboitiz Group takes over Laguindingan Airport in 2025, paving way for Northern Mindanao’s growth

The Aboitiz Group will assume control of Laguindingan International Airport in Misamis Oriental, Northern Mindanao’s main air gateway, in April 2025.

28 Oct 2024

5:10PM

Aboitiz's AEV reports 4% profit growth in first 9 months of 2024

The Aboitiz family-led conglomerate Aboitiz Equity Ventures Inc. reported a consolidated net income of P18.8 billion for the first nine months of 2024, a 4 percent increase from P18 billion in 2023, thanks to contributions from power, banking, and food.

13 Oct 2024

6:34PM

Aboitiz set to seal P12.75-B Laguindingan Airport deal before month’s end

The project involves an estimated P12.75-billion investment, aimed at modernizing airport facilities, enhancing passenger experience, and improving operational efficiency. The concession agreement is scheduled to be finalized and signed before the end of October.

10 Oct 2024

8:53AM

Aboitiz, Yuchengcos partner to double size of Tarlac estate that's aiming for 60,000 jobs

Aboitiz InfraCapital and the Yuchengco family’s House of Investments (HI) are teaming up to expand the Aboitiz Group’s sprawling special economic zone in Tarlac City.

3 Oct 2024

10:19AM

Aboitiz bags 2nd airport after Cebu's international gateway

The Aboitiz Group’s infrastructure arm, Aboitiz InfraCapital, which operates the Mactan Cebu International Airport, has been awarded the contract to upgrade, operate, and maintain Laguindingan Airport in Misamis Oriental.