By Mars Woo
The latest deal will boost PSE’s stake in PDS Holdings to 61.03 percent.
Phoenix Petroleum will put up FamilyMart stores in central business districts, targeting BPO employees.
The acquisition by SM Retail of Goldilocks was approved after the two parties submitted their commitment to address potential competition issues in the deal.
Ayala and Yuchengco are discussing a potential merger while listed firm Marcventures Holdings is merging with two mining firms.
IPOs in the Philippines have remained scarce with only four listings in 2017.
Around 32 per cent stake in EDC is held by a consortium comprising funds managed by Macquarie Infrastructure and GIC-backed Arran Investment.
Listed firm SBS Philippines is acquiring a 5-hectare property for $10.4 million from a unit of Coca-Cola.
CitySavings, the thrift banking arm of listed lender UnionBank, is acquiring smaller rival PR Savings Bank for an undisclosed amount.
Ayala Land will buy an additional 17.24% stake in MCT in a deal worth $50.4 million. The deal will also trigger a mandatory requirement for the former to bid for the rest of MCT.
AboitizPower International struck a Share Purchase Agreement with SunE Solar BV, the parent company of SunEdison Philippines BV, for the deal.