Business sale

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Saturday, 11 October 2025
5 days ago

Deal expert calls Tennyson Chen’s nearly P9-B Bistro Group purchase a ‘bold but calculated bet’

Great things often start small, and in tycoon Tennyson Chen’s case, they began with a small egg business that eventually hatched into one of the country’s largest poultry empires, renowned for its Bounty Fresh roast chicken chain.
17 Sep 2025
8:42AM

Sumitomo Osaka returns to PH cement market with 15% stake in Phinma’s Philcement

Sumitomo Osaka Cement Co. is acquiring a 15 percent stake in PHINMA Corp.’s Philcement Corp. with the signing of a share subscription agreement.
8 Sep 2025
2:08PM

Singapore firm buys Indonesian retailer that owns Foot Locker, Planet Sports outlets in the Philippines

A Singapore-based holding company is taking over Indonesian retail giant PT Mitra Adiperkasa Tbk, which runs hundreds of stores in the Philippines including Planet Sports and Foot Locker outlets.
5 Sep 2025
2:06PM

INSIDER INFO: Top water concessionaires cool to Villar’s high-priced PrimeWater sale

The country’s largest water concessionaire by geographic reach is finally up for sale, but billionaire Manuel Villar Jr.’s push for a prime valuation appears to be driving some strategic suitors away.
5 Sep 2025
12:39PM

Razon-backed Manila Water sells P1.1-B Thai stake to focus on assets with 'operational control'

Tycoon Enrique Razon Jr.’s Manila Water Company Inc. is exiting its investment in Thailand with the sale of its stake in Eastern Water Resources Development and Management Public Company Ltd.
15 Aug 2025
5:45PM

Tycoon Razon recovers P1-B deposit years after ending casino deal with Dennis Uy

Davao-based tycoon Dennis A. Uy’s PH Resorts Group has completed the long-delayed repayment of the P1 billion deposit owed to Bloomberry Resorts, nearly three years after talks for a casino investment collapsed.
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