More articles about: acquisitions

On Thursday (October 2), A Soriano Corp. announced that it had sold its 22-percent stake in The Bistro Group, the operator of popular casual dining restaurants like TGI Fridays, Italiannis, Texas Roadhouse, and many others, for P1.914 billion. Anscor initially ...

Mosaic Solutions-a rising startup providing tech solutions mainly for food businesses, retailers and malls-has announced the acquisition of fellow local tech startup HelixPay as well as a strategic partnership with payments powerhouse Paymongo. The move strengthens and expands Mosaic Solutions' ...

Cebu Pacific is currently in exploratory talks with Ayala Land Inc. regarding the potential acquisition of the latter's AirSwift. The Gokongwei-owned airline issued the statement on Monday following a report on the supposed acquisition on the Philippine Star. The news ...

Jollibee continues its goal of world domination. This time, the country's largest food company, and one of the largest in Asia, has announced that it will purchase a majority interest in South Korean coffee chain Compose Coffee. In a disclosure to ...

Earlier this week, listed STI Education Systems Holdings Inc., which operates a network of schools around the country, announced that it is acquiring the Philippine School for Business Administration (PSBA). The term sheet for the deal covers the takeover by STI of ...

This all sounds incredibly familiar. On Thursday (February 22), ABS-CBN announced that the sale of its cable business Sky Cable to PLDT is not happening. Both companies said they have "mutually decided" not to proceed with the sale and did not ...

PLDT is set to officially purchase ABS-CBN's Sky Cable after the Philippine Competition Commission gave the green light for the acquisition on Friday (January 19). In a disclosure to the Philippine Stock Exchange on Monday (January 22), ABS-CBN said ...

It's the hottest acquisition in the watchmaking industry this year. Watchmaker Breitling has acquired Universal Genève in a deal reportedly worth CHF60 million (about P3.8 billion). It is Breitling's first-ever major acquisition. Universal Genève, which is ...

Over the last few years, Japanese companies have been quietly purchasing significant shares in Filipino corporations. For those in business, it's more than just identifying opportunities to make more money; it's a vote of confidence in the potential of Filipino ...

Listed Puregold Price Club Inc. is acquiring 14 branches of supermarket chain DiviMart to add to its existing network of retail formats, the company announced on Wednesday (June 21). The agreement includes leasehold improvements, furniture, fixtures, equipment, and merchandise inventory and will ...

Listed beverage company The Keepers Holdings Inc. has acquired cocktail mixer brand Island Mixers from Diageo Philippines, Inc., the company announced on Monday (January 30). Island Mixers is a non-alcoholic cocktail mixer marketed as an accompaniment for gin, vodka, tequila, and ...

Food and beverage conglomerate Monde Nissin is acquiring a 15-percent stake in listed company Figaro Coffee Group (FCG) for P1 per share or a total price of P820.3 million, both companies announced Thursday morning (January 26). According to separate disclosures ...

Just hours after British automotive distribution company Inchcape announced that it would acquire 60 percent of local company CATS Group of Companies, another major acquisition announcement is making headlines. International beverage company Diageo on Tuesday said it would acquire premium Filipino rum ...