The gateway between Europe & Asia
Newsletter by Index-Asia
Some of the latest selected deals of the area:
[Logistics] [Fund raising] Logistics major 2GO invests in on-demand delivery startup Mober. Handled by Index-Asia
[Real Estate] [Investment] DoubleDragon is investing in a 1,001-room hotel in Boracay through its subsidiary Hotel of Asia Inc.
[Retail] [Cancelled acquisition] SM Retail cancels acquisition of Goldilocks Bakeshop Inc.
[F&B ][Fundraising] San Miguel Corporation raising up to $580m through peso fixed rated bonds.
[Manufacturing][Stock rights offer] Integrated Micro-Electronics eyes $97m in the rights offer.
[Bio] [Investment] Philab Holdings Corp to invest P500m in US-based Veritas Genetics.
[Infrastructure] [Investment] Ayala group eyes stake in monorail project.
[Holding Co.] [Investment] Ayala to invest $3.9b this year to expand its core business and its newer ventures.
[Real Estate] [Investment] 8990 Holdings to invest P60b in 5 developments across the Philippines this year.
[Automobile] [Acquisition] Ayala bids to acquire Kia dealership in the Philippines.
[Diversified] [Bond offer] San Miguel sets listing dates of $580m bond offer.
[Education] [Acquisition] Ayala Corp. to acquire National Teachers College.
[Pharmaceuticals] [Acquisition] Mulgrave Corp. To increase its stake in Rose Pharmacy from 49% to 51%.
[Infrastructure] [Proposal] Philippine tycoons propose $6.7b upgrade of Manila airport.
[F&B] [Acquisition] Jollibee acquires majority stake in US burger chain Smashburger for $100m.
[F&B] [Stock offering] San Miguel Corp. readies for food business stake sale estimated to fetch $1.5b.
[Energy] [Takeover] NEA takes of Abra power firm over debts.
[Retail] [Expansion] SM Prime to open 68th mall in the Philippines in Cavite.
[Telecom] [Regulation] NGCP reaches “mutual decision” with the government for the use of its fibre cable network.
[Retail] [Earnings release] SM Prime Holdings grows recurring net profit by 16%.
[Energy] [Acquisition] Ayala acquires SV solar firm Merlin Solar.
[Real estate] [Fund raising] Qwikwire raises new round led by First Asia Venture Capital and Cerebro Labs.
[Energy] [Acquisition] Antitrust body approves San Miguel’s $1.9b power plant acquisition