MPIC acquires additional stake in Beacon Electric for P26.2B METRO Pacific Investments Corp. (MPIC) on Monday said it is acquiring an additional 25% interest in Beacon Electric Asset Holdings, Inc. (BEAHI) from a subsidiary of Philippine Long Distance Telephone Company (PLDT) for P26.2 billion. The transaction will partially fund PLDT?s acquisition of a 59%...
8990 Holdings allocates P573M for Cebu project 8990 Holdings, Inc. is alloting P573 million for its latest project, a medium-rise building in...
Ayala-Mercado tandem plans to build more QualiMed hospitals THE PARTNERSHIP of Ayala Land, Inc. (ALI) and the Mercado General Hospital, Inc. (MGHI)...
Maynilad allots P42-billion capex through 2018 MAYNILAD WATER Services, Inc. expects to spend around P42 billion from this year to 2018 to...
RSA sold SMC’s broadband to PLDT, Globe after MVP, JAZA promised to cut costs, offer new products San Miguel Corporation?s (SMC) calls its deal to give its much coveted 700 Mhz spectrum to Philippine Long Distance Telephone Co. (PLDT) and Globe Telecom Inc. as a sacrifice...
MVP, JAZA, RSA stocks zoom up on PLDT-Globe’s P69b buy-out of SMC telco All three companies involved in the country's biggest stock transaction in the last three years saw theirs climbed between 6 percent and nine percent in yesterday's trading at the Philippine Stock Exchange (30 May...
MVP expects to get P11B in compensation for delayed hike in water tariffs, toll fees in 2017 Metro Pacific Investments Corp. is expected to get as much as P11 billion in compensation next year...
PAL seeks help to get 5th freedom rights from Kuwait PHILIPPINE Airlines (PAL) said it will continue to request intervention from the new government...
Alsons plans capital call for Sarangani plant ALSONS Consolidated Resources, Inc. will ask shareholders, including its Japanese...
JP Morgan ?overweight? on MPIC, stock target P7.20 METRO PACIFIC Investments Corp. (MPIC) is expected to outperform in the utilities sector,...
