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Newsletter by Index-Asia

Some of the latest selected deals of the area:

Energy – USD585.2m
[Energy][Acquisition][Reverse Takeover] Nat’l Bookstore buys into Vulcan, eyes backdoor listing
[Energy][Delisting][Acquisition] EDC completes tender offer
[Energy][Acquisition] Philex Mining to raise stake in PXP Energy to nearly 26%
[Energy][Fundraising] Alsons lists initial CP worth P100
[Energy][Acquisition] Dennis Uy invests in PXP Energy
[Energy][Divestment] Cosco Capital divests from Liquigaz
[Energy][Fundraising] Phoenix Petroleum to issue P10-B commercial papers
[Energy][Fundraising] Petron completes sale of P20-billion fixed-rate bonds
[Energy][JV] AC Energy, AMI to develop 80-MW solar-power plant in Vietnam region
[Energy][Divestment] Vivant units sell 48% stake in renewable energy firm
[Energy][Fundraising] Aboitiz Power unit to raise P19B from notes issue

Telecom – USD1,175.0m
[Telecom][Acquisition] Singson-led group buys equity stake in satellite operator for third telco bid
[Telecom][Acquisition] China Telecom secures bid documents for third telco slot
[Telecom][Tech][Acquisition] Voyager inks $175-million deal with Tencent, KKR investment firm

Real Estate – USD149.3m
[Real Estate][Delisting] Melco delays Philippine tender offer, cancels delisting amid minority investor feud
[Real Estate][Acquisition] Ayala Land explores partnerships with ASEAN property firms
[Real Estate][Fund-raising] ALI raises P8 B from fixed rate bonds
[Real Estate][Buy-back] Megawide to buy back P2-B shares

Finance USD116.0m
[Finance][PE] IFC invests $65m in Altus Capital
[Finance][Acquisition] Landbank cuts offer price for PDS shares
[Finance][PE] Asian Development Bank Invests $25M in PE Fund Exacta II
[Finance][Investment] China Banking: IFC commits to invest $150 million in China Bank’s green bond
[Finance][Fundraising] Philippines SME lending startup First Circle raises $26M ahead of regional expansion
[Finance][Acquisition] Singapore’s Osmanthus buys 15 percent stake in BDO’s One Network Bank

Tech – USD175.0m
[Tech][Healthcare][Acquisition] Ayala acquires minority stake in health app
[Tech][Telecom][Acquisition] Voyager inks $175-million deal with Tencent, KKR investment firm
[Tech][Investment] Philippines-based tech startup CloudSwyft just got backed by WSI Group

Education – USD289.2m
[Education][Merger] Ayala, Yuchengco groups merge schools for P15.5B

Healthcare – USD0.0m
[Healthcare][Tech][Acquisition] Ayala acquires minority stake in health app

Retail F&B – USD3.1m
[F&B][Share sale] San Miguel’s F&B unit prices FOO at P85/share
[F&B][Share sale] Philippines’ San Miguel halves food unit’s share sale to $920 million
[F&B][Divestment] Japanese snack giant Calbee exits from Filipino joint venture

Agribusiness – USD0.0m
[Agribusiness][Acquisition] Agrinurture acquires Australian firm

Logistics – USD18.9m
[Logistics][JV] Ayala invests P1B in logistics unit
[Logistics][Acquisition] Metro Pacific’s subsidiary set to invest $20m to extend Indonesian toll project
[Logistics][Acquisition] LBC buys half of Brunei affiliate for P12M

Other – USD10.0m
[VC][PE] Gobi, Core Capital launches $10m early-stage fund for Philippines

Aggregate Deal Values = USD2,346.7m

Note: Deal values only include disclosed completed deals. Rumoured, announced, or planned deals not included
*Usd 1.00 = Php 53.60