business deals

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Tuesday, 24 June 2025
4 days ago

Ayala Corp. raises ₱20B from preferred share offering

Ayala Corp. successfully listed ₱20 billion worth of Preferred Class “B” Shares on the Philippine Stock Exchange (PSE), underscoring investor confidence in the conglomerate’s long-term growth strategy amid global market uncertainties.
6 Jun 2025
10:31AM

Flyadeal Cebu Pacific A320s spotted in Manila under wet lease deal

The two jets were recently spotted in Manila painted in the hybrid scheme before being ferried to Saudi Arabia. The arrangement is expected to last for Flyadeal's peak season and reflects rising cooperation between both low-cost carriers to address capacity constraints without committing to long-term fleet expansion.
30 May 2025
12:07PM

Gokongwei’s Robinsons Retail buys back P15.77-B stake at 36% premium

Robinsons Retail Holdings Inc. (RRHI), one of the country’s largest retailers led by the Gokongwei family, has repressed 22.2 percent of tis shares from GCH Investments Pte. Ltd. in a deal worth P15.77 billion.
29 May 2025
1:59PM

World’s largest active fund manager invests in Gokongwei-backed Universal Robina

Global investment giant Capital Group has quietly amassed a 5.05-percent stake in Universal Robina Corp. (URC), the Gokongwei-led consumer giant that makes Jack N’ Jill chips and C2 iced tea.
25 May 2025
10:01PM

MVP’s hospital comeback: Pangilinan confident in regaining control of Metro Pacific Health in 2025

This comes as KKR & Co. and Singapore sovereign wealth fund GIC are moving to unload their combined 80 percent stake in Metro Pacific Health after buying into the company six years ago.
15 Apr 2025
6:58PM

PSE nears full control of PDS with over 91% stake

The Philippine Stock Exchange (PSE) has taken a major leap toward consolidating the country’s capital markets by acquiring 91.04 percent of Philippine Dealing System Holdings Corp. (PDS Group), the operator of the Philippine bond market and securities depository.
19 Mar 2025
1:42PM

EEI’s CEO Henry Antonio announces surprise purchase of 20% stake of Romualdez family firm

EEI Corp. CEO Henry D. Antonio has taken control of a key stake in construction giant, leading a management buyout to acquire 20 percent from RYM Business Management, a company controlled by the family of House Speaker Martin Romualez.
6 Mar 2025
10:51AM

Ayala in talks to sell 40% stake in logistics arm to fund founded by Maersk parent

A.P. Moller Capital, an investment firm founded by the group that controls Danish shipping giant Maersk, is purchasing up to 40 percent of the Ayala Group’s AC Logistics, which is looking to scale its business amid industry challenges.
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