Business sale

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Monday, 1 December 2025
11 Nov 2025
4:46PM

'We're considering selling it': MVP eyes LRT-1 exit as losses mount

Tycoon Manuel V. Pangilinan-led infrastructure conglomerate Metro Pacific Investments Corp. (MPIC) may exit the light rail business as mounting losses from LRT-1 continue to weigh on its portfolio.
7 Nov 2025
8:30PM

Maynilad distances itself from PrimeWater deal but keeps door open if price is right

Newly listed Maynilad Water Services denied it was in talks to acquire tycoon Manuel Villar Jr.-led PrimeWater Infrastructure Corp. but said it was not ruling out a future deal at the right valuation.
28 Oct 2025
8:57AM

IPO ready: GCash parent Mynt secures SEC nod for stock split

GCash operator Globe Fintech Innovations Inc. (Mynt) has secured final approval from the Securities and Exchange Commission for its stock split, a key structural move seen as laying the groundwork for one of the country’s most anticipated initial public offerings.
PCC clears P18.4-B Mitsubishi–Ayala GCash deal after Lawson QR review
31 Jul 2025
9:53PM
Mynt stock split to ‘future-proof’ firm for planned IPO — GCash CEO
3 Jun 2025
3:44PM
GCash approves stock split in classic pre-IPO move to boost shares
3 Jun 2025
9:39AM
27 Oct 2025
11:55AM

Tycoon Razon finds buyer for Jeju casino after decade-long search; holds other Korea assets

Tycoon Enrique Razon Jr.’s Bloomberry Resorts Corp., operator of Solaire casinos and hotels in Manila, has found a buyer for its Jeju casino business as it prepares to exit the South Korean gaming hub after a decade.
6 Oct 2025
11:38AM

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.
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