merger
ARTICLE FINDER

Google to buy part of Taiwan smartphone maker HTC for $1.1B

Sep 21, 2017 - 11:28 AM

(UPDATED) The agreement will give Google more control of its mobile handset hardware as it seeks to bolster its presence in a market dominated by Apple and Samsung

This photo taken on June 6, 2014 shows a man walks past a billboard showing the latest HTC M8 smartphone in Taipei. Sam Yeh/AFP

Jollibee eyeing British food chain Pret a Manger – report

Sep 19, 2017 - 12:47 PM

Jollibee is reportedly in talks for a possible $1-billon takeover of British sandwich chain Pret a Manger

STRANGE COMBINATION. Jollibee, homegrown fast food chain popular for its fried chicken and sweet-style spaghetti, is reportedly looking at acquiring Pret A Manger, a British company known for its organic coffee and fresh sandwiches. File image

PSE withdraws PCC notification on PDS merger, to refile soon

Sep 13, 2017 - 6:08 PM

Once it completes information needed PCC says PSE intends to refile its PDS merger notification as soon as possible

MERGER SETBACK. The long-planned merger between the country's securities and bond markets is a priority for PSE president and chief executive officer Ramon Monzon. File photo

PSE plans to offer more shares to bring PDS merger closer

Aug 02, 2017 - 9:51 PM

The operator of the country’s stock exchange also announces a net income drop of 7 to P345 15 million for the 1st half of this year

Phoenix Petroleum seeks $126-M acquisition of Petronas Energy, Duta

Jul 06, 2017 - 9:25 PM

Before acquiring the two firms Phoenix Petroleum must secure the approval of the Philippine Competition Commission

ACQUIRE MORE. This comes after Phoenix and PDB (Netherlands) BV signed an MOU on planned 100% share acquisition of PEPI and its affiliate, Duta. Image from Phoenix Petroleum

MVP group still keen on GMA-7 stake

Jun 12, 2017 - 8:30 AM

We are open anytime but the offer must be acceptable to us says Manuel V Pangilinan

REVIVAL? Manuel Pangilinan, however, clarifies that as of June 9 this year, there are "no discussion yet" between his and Gozon's groups. Photo by Martin San Diego/Rappler

Global Business Power to acquire 50% stake in Alsons

Jun 05, 2017 - 3:50 PM

Through its deal with the Alsons group Global Business Power will now reach the Mindanao market

STRATEGIC ALLIANCE. Under the agreement, Global Business Power will acquire a 50% stake in Alsons Thermal Energy Corporation (ATEC) – the holding company for ACR’s baseload coal-fired power plant assets. Rappler file photo

No merger? Henry Sy firm among top shareholders of RCBC

May 23, 2017 - 12:15 AM

A privately held company of the Sy family owner of China Bank and BDO Unibank has been buying shares of RCBC a Yuchengco led bank

EU fines Facebook 110 million euros over 'misleading' info in WhatsApp takeover

May 18, 2017 - 5:39 PM

Facebook didn t disclose the possibility of linking WhatsApp users phone numbers with Facebook users identities says the European Commission

New PSE president to focus on PDS merger, lowering broker ownership

May 08, 2017 - 11:15 AM

Ramon Monzon says the Philippine Stock Exchange wants the long planned merger between the country s securities and bond markets to happen by July

AOL and Yahoo to be combined into a unit called Oath

Apr 04, 2017 - 5:02 PM

The merging of the two internet brands takes place after US telecoms giant Verizon consummates the purchase of Yahoo s internet business

WINNING EQUATION? The embattled internet brand undergoes a name change.

Ayala Corp takes 43.3% stake in Zalora PH

Feb 23, 2017 - 9:35 PM

This acquisition is part of Ayala s strategy to invest in innovative businesses especially in the digital space

Fitness First dan Celebrity Fitness merger

Feb 23, 2017 - 10:28 AM

Celebrity Fitness dan Fitness First Asia mengumumkan merger yang akan menciptakan salah satu jaringan klub fitness terbesar di Asia

Ilustrasi member Fitness First berlatih di salah satu pusat kebugaran mereka. Foto dari Fitness First

PCC: P1B threshold stays for reviewing mergers, acquisitions

Feb 21, 2017 - 7:25 PM

The Philippine Competition Commission says the country s threshold is reasonable and similar to those in economies of comparable size

THRESHOLD. Under Republic Act (RA) No. 10667 – also known as the Philippine Competition Act – the antitrust regulator should be notified for M&A deals whose transaction values are above P1 billion before the transaction is consummated. Photo from Philippine Competition Commission

Kraft Heinz withdraws $143B takeover bid for Unilever

Feb 20, 2017 - 7:13 AM

Strong resistance from Unilever reportedly persuades Kraft Heinz to back out

GLOBAL BRAND. A picture taken on June 5, 2015 shows employees walking pass the logo of Unilever at the headquarters in Rotterdam. John Thys/AFP

MVP open to reviving talks with GMA

Dec 24, 2016 - 11:15 AM

Manuel V Pangilinan reacts to GMA Network s major shareholders pronouncement that they are open to selling their shares at the right price

SIGNALS INTEREST. 'It is too late to do anything for 2016, but we're always open. A lot of it depends really on how our numbers would look like for 2017,' PLDT President and CEO Manuel V. Pangilinan says. Rappler file photo

Gozon open to sell GMA's controlling stake in 2017

Dec 17, 2016 - 1:55 PM

The GMA Network chief says his camp and the Duavit and Jimenez groups are willing to sell all their shares if the price is right

VERGE OF TAKING OFF. 'We are willing to sell all,' GMA Chairman Felipe Gozon (3rd from left) says. In the photo are GMA executives. Photo by Chrisee Dela Paz/Rappler

Asahi says paying $7.7B for AB InBev's eastern European business

Dec 14, 2016 - 9:49 AM

The takeover – also the largest by a Japanese beer company – includes popular Czech beer Pilsner Urquell and other businesses in Hungary Poland Romania and Slovakia

In this photo illustration, bottles of Pilsner Urquell from the Czech Republica are seen on December 13, 2016 in Miami, Florida. Joe Raedle/Getty Images

Jollibee divests in San Pin Wang for P650M

Dec 13, 2016 - 4:35 PM

Jollibee says the divestment is in line with its plan to focus on building its Yonghe King business its largest venture in China

IMPORTANT MARKET. Jollibee's China operations has been on a decline due to stiff competition. China is one of the most important overseas markets for Jollibee outside the Philippines. Rappler file photo

AT&T deal: Merger for new media era or a bad remake?

Oct 24, 2016 - 9:33 AM

Analysts say the deal faces multiple challenges including winning regulatory clearance for a massive merger affecting tens of millions of consumers and successfully combining two different kinds of companies one in content and the other in delivery

People walk past an AT&T store in New York on October 23, 2016. Kena Betancur/AFP

AT&T eyes new media future with mega-deal for Time Warner

Oct 23, 2016 - 7:23 AM

UPDATED A union of the two media titans – together worth more than 300 billion in market value – is certain to face tough scrutiny from antitrust regulators because of potential ripple effects across media platforms

(COMBO) This combination of pictures created on October 21, 2016 shows AT&T cellphone store in Springfield, Virginia, on October 23, 2014, and the Time Warner company logo on the front of the headquarter building, 24 November, 2003, in New York. Saul Loeb and Stan Honda/AFP

Bayer sets $66B deal for Monsanto after lengthy pursuit

Sep 14, 2016 - 9:40 PM

UPDATED Regulators and Monsanto shareholders still have to approve the deal which environmentalists criticize as a marriage made in hell

(COMBO) This combination of file pictures created on September 14, 2016 shows the logo of German pharmaceutical giant Bayer (L, on September 8, 2016 in Leverkusen) and the logo of Monsanto at it's Belgian manufacturing site and operations centre (on May 24, 2016 in Lillo near Antwerp).  German pharmaceutical and chemical group Bayer is preparing to increase its takeover offer for US seeds and pesticides giant Monsanto for a fourth time, a report said on September 13, 2016. / AFP PHOTO / Patrik STOLLARZ AND John THYS

Landbank-DBP merger stopped

Sep 07, 2016 - 12:55 PM

Finance Secretary Carlos Dominguez III says the main rationale behind the decision is that the two institutions serve different functions

Mondelez drops merger plans with Hershey

Aug 30, 2016 - 6:52 AM

The announcement comes nearly two months after Hershey the maker of Reese s Peanut Butter Cups and Hershey s Kisses rejected a 23 billion takeover offer from Mondelez

MONDELEZ BID. Hershey's chocolate bars for sale in Chicago, Illinois on July 15, 2014. File photo by Scott Olson/AFP

IRR of Philippine Competition Act now out

Jun 04, 2016 - 3:44 PM

The revised IRR is released just days after Globe and PLDT announced the P69 1 billion deal to buy all of San Miguel s telecom business

TWIN TOWERS. Lack of competition is most conspicuous in the the telco and energy sectors

Bayer CEO invites environmental groups to discuss Monsanto bid

May 29, 2016 - 6:00 PM

Environmental groups fear the possible merger of Bayer and Monsanto would lead to Monsanto s genetically modified crops being marketed in Europe

epa05324526 (FILE) A file picture dated 06 March 2006 shows the headquarters of the German multinational chemical and pharmaceutical company Bayer AG in Leverkusen, Germany. According to media reports on 23 May 2016, Bayern AG announced a 62 billion US dollar cash offer, 122 US dollar per share, including debt, to buy US multinational agrochemical and agricultural biotechnology corporation Monsanto Co. The American multinational biotechnology company Monsanto released earlier on 19 May 2016, a statement in which the company disclosed that they had received a takeover bid by the German pharmaceutical and chemical group. EPA/OLIVER BERG

Monsanto: $62B Bayer bid too low, but open to talks

May 25, 2016 - 12:00 PM

Monsanto says the Bayer proposal is incomplete and financially inadequate but it is willing to have continued and constructive conversations

epa05324524 (FILE) A file picture dated 21 October 2003 shows the logo of German multinational chemical and pharmaceutical company Bayer AG shining above the company's plant in Leverkusen, Germany. According to media reports on 23 May 2016, Bayern AG announced a 62 billion US dollar cash offer, 122 US dollar per share, including debt, to buy US multinational agrochemical and agricultural biotechnology corporation Monsanto Co. The American multinational biotechnology company Monsanto released earlier on 19 May 2016, a statement in which the company disclosed that they had received a takeover bid by the German pharmaceutical and chemical group. EPA/OLIVER BERG

Bayer targets Monsanto in biggest-ever German takeover bid

May 23, 2016 - 2:14 PM

4th UPDATE Germany s Bayer offers 62 billion for US agriculture group Monsanto

This file photo taken on July 24, 2013 shows a logo of German pharmaceuticals and chemicals giant Bayer on an overpass at its Berlin headquarters. John MacDougall/AFP

Bayer, Monsanto in merger talks

May 19, 2016 - 7:48 PM

Bayer executives recently met with executives of Monsanto to privately discuss a negotiated acquisition of Monsanto Company

This file photo taken on July 24, 2013 shows a logo of German pharmaceuticals and chemicals giant Bayer on an overpass at its Berlin headquarters. John MacDougall/AFP

PH Competition Commission: Draft of rules and regulations now out

May 12, 2016 - 8:00 PM

The PCC plans to hold consultations with business groups and the general public to fine tune the regulations

White House tax moves sink massive Pfizer-Allergan merger

Apr 06, 2016 - 11:40 PM

Pfizer and Allergan cancel their huge merger as US President Barack Obama hits businesses for using legal loopholes to avoid taxes

epa05054872 A logo outside Pfizer headquarters in New York, New York, USA, 04 December 2015. New York-based Pfizer Inc. and Dublin, Ireland-based Allergan plc on 23 November 2015 announced that the two companies have entered a 160 billion USD merger agreement, creating world's largest pharmaceutical company. EPA/ANDREW GOMBERT

PH competition agency seeks Australian expertise in anti-trust law

Apr 04, 2016 - 9:30 PM

The heads of the country’s new anti trust body meet with top Australian Competition officials Commission to gather best practices as it nears coming into force

Taiwan's Hon Hai seals Sharp takeover for $3.5B

Mar 30, 2016 - 4:48 PM

3rd UPDATE It is the first foreign acquisition of a major Japanese electronics firm and comes after weeks of delays

FoxConn (Hon Hai) logo at their headquarters in Taiwan, and Sharp logo at the company's offices in Japan. File photos by EPA

SEC rejects PSE's request for exemption over PDS merger

Mar 29, 2016 - 9:00 PM

The decision leaves the planned merger between the local equities market and the local bond market in limbo

DBP employees file plunder complaint vs top execs

Mar 04, 2016 - 4:54 PM

UPDATED The senior vice president of DBP calls the plunder complaint filed by some bank employees as full of inaccuracies and a nuisance case

EMPLOYEES VS EXECS. DBP employees believe that their top executives should be  held criminally and administratively liable over a 'highly questionable' transaction that led to hundreds of millions in losses for the government.  Image from Wikicommons

Aquino OKs Landbank-DBP merger

Feb 09, 2016 - 4:15 PM

With Landbank as the surviving entity President Benigno Aquino III approves the increase in its capital stock to P200 billion 4 19 billion

FUSION. Landbank is the surviving entity given its bigger assets and wider branch network. Image from Wikipedia

UCPB wants new investor as soon as possible

Feb 04, 2016 - 7:27 PM

We ve been running with insufficient capital since 1986 says UCPB official Ildefonso Jimenez

RIGHTFUL OWNERS. The High Court says the proceeds of the UCPB shares are 'to be used only for the benefit of all coconut farmers and for the development of the coconut industry.' File photo by Gil Nartea/Malacañang Photo Bureau

Sony merging PlayStation businesses into single unit

Jan 26, 2016 - 5:09 PM

The new company joins the forces of all business units belonging to SCEI and SNEI including hardware software content and network services operations

SONY. Image from PlayStation YouTube page.

BSP releases guidelines on rural bank mergers

Dec 16, 2015 - 5:58 PM

The program seeks to encourage consolidations and mergers among rural banks to bring about a less fragmented banking system

Viagra and Botox makers to merge to create $160-B pharma giant

Nov 23, 2015 - 10:04 PM

The transaction the biggest merger announced this year will be fiscally advantageous for US based Pfizer as it will merge into Allergan based in low tax Ireland

MERGER. Pfizer and Allergan will merge to create the world's biggest pharmaceutical group in a deal worth around $160 billion. Photo from Pfizer Facebook page

Ayala Land raises stake in Malaysia's MCT Bhd

Oct 16, 2015 - 5:14 PM

The property firm raises its stake to 32 95 for 92 million in the Malaysian development and construction firm

HIKE. From the current 9.16%, Ayala Land Inc hikes its stake to 32.95% for $92 million in Malaysia's MCT Bhd

PSE hopes to acquire 95% of PH Dealing System Holdings

Oct 06, 2015 - 5:44 PM

PSE is waiting to secure relief from the Securities and Exchange Commission before proceeding with the purchase of a majority stake in PDSHC

BUYOUT. The buyout by Philippine Stock Exchange of Philippine Dealing System Holdings Corporation's shareholders will finally pave the way for the merger of the equities and fixed-income exchanges.

BSP approves sweetened perks for rural bank mergers

Aug 22, 2015 - 12:13 PM

BSP says encouraging more mergers among rural banks will bring about a less fragmented banking system in the Philippines

SWEETENED PERKS. The program offers financial and regulatory perks to groups of rural banks serving similar areas to combine operations and create larger institutions

China Bank-Plantersbank merger secures final BSP approval

Aug 20, 2015 - 9:17 PM

China Bank will be the surviving entity in the merger

PSE to raise P1.15B for PH dealing system funding

May 28, 2015 - 5:06 PM

The local bourse is eyeing to acquire 100 interest in the operator of the country’s markets for fixed income securities and foreign exchange

Ayala Land hikes stake in Malaysian firm

May 12, 2015 - 5:28 PM

The property developer raises its stake to MCT Bhd to as high as 32 95 from current 9 16 ownership in the firm

Lafarge opens new cement mill ahead of merger with rival

Apr 15, 2015 - 8:36 PM

The firm explains the local implications of the merger and announces another mill that will rise in Bulacan

Lafarge inaugurates new cement mill ahead of planned merger

Nokia says it is in talks to buy all of Alcatel-Lucent

Apr 14, 2015 - 3:33 PM

UPDATED The purchase would represent a significant boost in market share for Nokia

Main entrance of Alcatel-Lucent Headquarter, in Paris, France, 06 February 2014. Christophe Karaba/EPA

Royal Dutch Shell in $70B takeover of rival BG Group

Apr 08, 2015 - 4:13 PM

Royal Dutch Shell and British rival BG Group consolidate in a sector battered by sliding oil prices

A file picture dated 15 May 2013 shows the Shell logo at a Shell petrol station in London, Britain. Andy Rain/EPA

Ayala Land marks first venture in ASEAN region

Apr 07, 2015 - 7:50 AM

The country’s leading property developer acquires 9 16 interest in Malaysia’s GW Plastics Holdings Berhad