One of the Philippines’ biggest cement producers is changing hands, with Swiss building materials giant Holcim agreeing to sell its local business to China’s Huaxin Building Materials in a deal valued at $807 million.
The agreement covers the use of one Airbus A320neo powered by Pratt & Whitney engines from July 15 to Sept. 7, 2026. The aircraft will be based in Ho Chi Minh City and operated by Cebu Pacific's pilots and cabin crew on domestic routes serving Cam Ranh, Phu Quoc, Vinh, Da Nang, and return flights.
The companies announced on July 7 that A.P. Moller Capital – Emerging Markets Infrastructure Fund II, through EMIF II Holding III B.V., has completed its investment for a 40-percent stake in AC Logistics after satisfying all closing conditions, including merger control clearances.
Conglomerates San Miguel Corp. and Metro Pacific Investments Corp. are moving closer to combining their toll road businesses, a deal that would create a network carrying nearly 1.8 million vehicles a day across hundreds of kilometers of expressways in Luzon and Cebu.
Minority shareholders of Keppel Philippines Properties Inc. (KEP) chose to stay invested after Cebu tycoon Frank Sy Gaisano, through Forward Synergy Group Inc., took control of the company at a price far below its current market value.
Philippine Competition Commission has cleared a global acquisition involving the Avon business after reviewing its potential impact on the Philippine market where the brand operates.
Tycoon Enrique Razon Jr. delivered the Philippines’ biggest merger-and-acquisition deal of 2025 after Prime Infrastructure Capital agreed to acquire First Gen power assets for $897.5 million (P53 billion).