merger | ABS-CBN News

DBP insists merger with LANDBANK needs legislation

ABS-CBN News
Posted at Apr 19 08:36 PM

DBP rejected the statement by the GCG or Governance Commission on Government Owned and Controlled Corporations (GOCCs) that the merger of the two state-owned banks does not require legislative intervention. Read more »

Ayala, Yuchengco education units planning to merge

ABS-CBN News
Posted at Dec 05 06:30 PM

The Ayala-led National Teachers College (NTC) and the Yuchengco-led Affordable Private Education Center (APEC) Schools said they have approved a planned merger. Read more »

Estee Lauder agrees to buy Tom Ford brand for $2.3B

Agence France-Presse
Posted at Nov 16 08:30 AM

Luxury beauty brand Estee Lauder said in a statement Tuesday it had agreed to buy designer Tom Ford's company for $2.3 billion. Read more »

BPI to merge with Gokongwei-led Robinsons Bank

Jessica Fenol, ABS-CBN News
Posted at Sep 30 05:30 PM

The Bank of the Philippine Islands on Friday formally announced its planned merger with the Gokongwei-led Robinsons Bank Corp. Read more »

BPI says 'potential collaboration' with Robinsons Bank

ABS-CBN News
Posted at Sep 29 04:25 PM

Bank of the Philippine Islands (BPI) on Thursday confirmed it was in talks with Robinsons Bank (RBank), over a "potential collaboration." Read more »

PCC sets provisional thresholds for mergers and acquisition review

ABS-CBN News
Posted at Sep 16 10:52 AM

The Philippine Competition Commission said it would implement provisional compulsory notification thresholds for mergers and acquisitions. Read more »

ALAMIN: Ano ang pinagkaiba ng merger at joint venture?

ABS-CBN News
Updated as of Aug 18 02:16 PM

Ano ang pinagkaiba ng merger, acquisition, at joint venture? Read more »

Twitter calls Musk merger withdrawal 'invalid and wrongful'

Agence France-Presse
Posted at Jul 12 09:02 AM

Twitter demanded that Elon Musk complete a proposed $44 takeover of the social media company, slamming the Tesla chief's withdrawal of his offer as "invalid and wrongful." Read more »

Musk's Twitter: Users left to fight trolls, false info?

Glenn Chapman, Agence France-Presse
Posted at Apr 26 12:06 PM

Elon Musk's vow to let everyone say whatever they want on Twitter giant could put the onus on users to combat bullying and misinformation. Read more »

UnionBank says Citicorp deal to boost retail business

ABS-CBN News
Posted at Jan 10 11:58 AM

UnionBank president Edwin Bautista told ANC that members of the bank’s board knew that the acquisition was going to be great for UnionBank. Read more »

Antitrust body urges UnionBank, Century Pacific Food to review M&A deals

Jessica Fenol, ABS-CBN News
Posted at Dec 28 02:00 PM

The PPCC said UnionBank, Citibank, Century Pacific Food Inc, Ligo Sardines and Potato Corner should review their recent deals to see if they met the mergers and acquisitions (M&A) threshold set by the agency. Read more »

TIMELINE: Grab takes a ride to $40-B SPAC listing

Reuters
Posted at Dec 02 02:48 PM

Southeast Asian ride-hailing and food delivery platform Grab Holdings lists on Nasdaq via the world's largest special purpose acquisition company (SPAC) deal worth $40 billion. Read more »

Indonesia's Gojek, Tokopedia announce merger in country's biggest deal

Reuters
Posted at May 17 01:36 PM

Indonesian ride-hailing and payments firm Gojek and e-commerce leader Tokopedia announced a merger on Monday in a transaction that would create a technology powerhouse in the country's largest deal.   Read more »

AT&T to merge WarnerMedia with Discovery: reports

Agence France-Presse
Posted at May 17 09:40 AM

US telecommunications giant AT&T could announce as soon as Monday a merger between its WarnerMedia unit -- which owns CNN and HBO -- and Discovery media, media reports said.   Read more »

Grab agrees world's biggest SPAC merger, valued at nearly $40 billion

Anshuman Daga, Reuters
Posted at Apr 13 06:59 PM

SINGAPORE - Southeast Asia's biggest ride-hailing and food delivery firm Grab Holdings agreed a merger on Tuesday with US-based Altimeter Growth Corp in a deal that values Grab at an initial proforma equity value of about $39.6 billion and will lead to a public listing.   Read more »

Exxon, Chevron CEOs discussed merger in early 2020: sources

Reuters
Posted at Feb 01 11:04 AM

The chief executives of ExxonMobil Corp and Chevron Corp held preliminary talks in early 2020 to explore combining the two largest U.S. oil producers in what would have been the biggest merger of all time, according to people familiar with the matter. Read more »

BPI merging with thrift banking subsidiary BPI Family Savings

ABS-CBN News
Posted at Jan 20 06:05 PM

The Ayala-led lender said it hopes to complete the merger this year "subject to shareholder and regulatory approvals." Read more »

Gojek, Tokopedia aim for $18-B merger in first half of 2021

ABS-CBN News
Posted at Jan 05 01:04 PM

Indonesian ride-hailing and payments firm Gojek and e-tailer PT Tokopedia are in advanced talks for a $18 billion merger that they aim to seal in the first half of 2021, two people with knowledge of the matter told Reuters on Tuesday.   Read more »

Antitrust watchdog issues guidelines on merger reviews under Bayanihan 2

ABS-CBN News
Updated as of Oct 05 12:34 PM

The Philippine Competition Commission (PCC) on Monday said it has issued guidelines on mergers and acquisitions in compliance with the provisions under the Bayanihan to Recover as One. Read more »

Fiat Chrysler and Peugeot Citroen tweak merger terms due to pandemic

Agence France-Presse
Posted at Sep 15 08:34 AM

Fiat Chrysler (FCA) and Peugeot Citroen (PSA) announced on Monday they'd modified the terms of their mega-merger in light of business disruptions caused by Covid-19.   Read more »