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Newsletter by Index-Asia

Some of the latest selected deals of the area:
September 2018 Newsletter – Index Asia Ltd.

Energy – $1.2b
[Energy][Acquisition] Aboitiz acquires chunk of Ayala’s Bataan thermal assets for $579.2-M
[Energy][Acquisition] Aboitiz said to be in advanced talks to buy Ayala power assets
[Energy][Expansion] Metro Global eyes investments in renewable energy
[Energy][Expansion] EDC eyes new geothermal areas in Peru, Chile
[Energy][Divestment] AboitizPower in talks to sell 8.8 MW Aseagas biomass plant
[Energy][JV] Zamcelco approves P2.5-b capital infusion

Telecom – $0m
[Telecom][Expansion] PT&T spending P7B on broadband network expansion
[Telecom][Tech][Divestment] PLDT’s Voyager sale to be finalized by end-Sept.

Real Estate – $12m
[Real Estate][Takeover] Asiabest readies public float plan in Tiger Asia takeover
[Real Estate][Reverse IPO] Japan’s Universal plans backdoor listing for Philippine casino operator
[Real Estate][Delisting] Melco Resorts to delist from PSE
[Real Estate][Tech][Fund-raising] PH proptech unicorn Revolution Precrafted looks to raise $100m Series C next year

Tech – $0m
[Tech][Investment] IFC proposes up to $20m investment in PayMaya operator Voyager
[Tech][Telecom][Divestment] PLDT’s Voyager sale to be finalized by end-Sept.
[Tech][IPO] Electronics maker Cal-Comp delays $125m Philippine IPO due to market conditions
[Tech][Real Estate][Fund-raising] PH proptech unicorn Revolution Precrafted looks to raise $100m Series C next year 

Healthcare – $40m
[Healthcare][Investment] IFC invests $40M in Fullerton Health

Retail F&B – $6.4b

[F&B][Consolidation] San Miguel units complete share-swap deal
[F&B][Acquisition] Dennis Uy of Enderun Colleges buys Conti’s restaurant chain
[F&B][Acquisition] Berjaya PH gets stake in 7-Eleven Malaysia
[F&B][Acquisition] RRHI hikes stake in Ministop PHL as Mitsubishi Corp. exits venture

[Logistics][Buyback] Harbor Star okays P170 million worth of buyback program
[Logistics][Acquisition] Metro Pacific Tollways unit raises stake in Indonesian firm to 78%
[Logistics][IPO] AirAsia’s Philippine unit says IPO may be postponed to mid-2019
[Logistics][Acquisition] ICTSI now owns half of Manila North Harbor firm

Other – $22m
[Other][Regulation] PCC to improve merger reviews, enforcement
[Other][Investment Fund] Indonesia, Philippines-focused impact fund Meloy Fund I makes final close at US$22M

Aggregate Deal Values = $ 7b
Note: Deal values only include disclosed completed deals. Rumoured, announced, undisclosed, or planned deals are not included
*Usd 1.00 = Php 53.98