PSEi moves, share offerings, block sales, buybacks and deals across Philippine listed equities.
Markets
JG Summit Holdings Inc. (JGS) plans to acquire 37.05 billion common shares of listed Oriental Petroleum and Minerals Corp. (OPMC) from its wholly owned subsidiary, JG Summit Capital Services Corp. (JGSCSC), to consolidate its investment in the oil and gas company at the parent level.
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Markets
THE Philippines may be left behind as Southeast Asian capital markets become more integrated unless it steps up reforms to meet global investor standards. Speaking to reporters at the 2026 Asean Capital Markets Forum (ACMF) International Conference, Securities and Exchange Commission (SEC) Chairperson Francis Lim said the country must…
Markets
CANADA’s Alimentation Couche-Tard proposed an offer of $7.5 billion to $8 billion for US convenience store operator Cumberland Farms, formerly known as EG Group, Britain’s Times newspaper reported on Saturday. The offer would be lower than Cumberland Farms’ $9 billion valuation target for a planned initial public offering (IPO) in the…
Markets
The stock market has always served as a barometer for the overall state of the economy.
FASHION group Hugo Boss will become a subsidiary of Mike Ashley-controlled Frasers after the British retailer on Friday raised its stake in the German company to more than 50 percent. Frasers, which made a failed €2 billion takeover bid for the German fashion house in June, said it had bought a further 198,666 Hugo Boss shares for about…
The Philippines needs to turn its moribund stock exchange into an engine for genuine capital formation…
MANILA, Philippines — Philippine Stock Exchange (PSE) president and CEO Ramon Monzon is setting his sights on a local listing for Maya, hoping GCash parent Mynt Inc.’s stock market debut will help persuade its rival to follow. “Let’s work on Maya, now that GCash has been listed already,” Monzon said in an interview. READ: Mynt…
