Partners Group to Acquire SPi Global

Manila—(PHStocks)—PLDT Inc. (PSE: TEL) (NYSE: PHI) has announced that Partners Group, the global private markets investment manager with over €54 billion in assets under management, has agreed to acquire SPi Global, a provider of outsourced services to education, science, technical and medical research publishers worldwide, on behalf of its clients. The company is being acquired […]
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PLDT Reports Core Net Income of PhP27.9B in 2016

Makati—(PHStocks)—PLDT Inc. (PSE: TEL) (NYSE: PHI) today announced its unaudited financial and operating results for the full year 2016 with consolidated service revenues, net of PhP9.6 billion in interconnection costs, amounting to PhP147.6 billion, three percent (3%) less than the previous year. Excluding international and national long distance (ILD and NLD) revenues and interconnection costs, […]
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PLDT Offers Debut SEC-Registered Bonds

Manila—(PHStocks)—Philippine Long Distance Telephone Co. (PLDT, PSE: TEL) (NYSE: PHI) Philippine Long Distance Telephone Company (PLDT), the leading telecommunications service provider in the Philippines, has received approval from the Securities and Exchange Commission (SEC) to sell bonds with a base offer size of PhP10 billion, with an option for oversubscription of up to PhP5 billion. This will be […]
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Sun Life Financial to Sell US Annuity Business for US$1.35B

Makati—(PHStocks)—Sun Life Financial Inc. (PSE: SLF) (TSX: SLF) (NYSE: SLF) today announced the execution of a definitive agreement whereby Delaware Life Holdings, a company owned by shareholders of Guggenheim Partners, will purchase Sun Life’s domestic U.S. annuity business and certain life insurance businesses for a base purchase price of US$1.35 billion, as adjusted to reflect […]
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PLDT Announces Results of Tender Offer to Digitel Minority Shareholders

Manila–(PHStocks)–Philippine Long Distance Telephone Company (PLDT, PSE: TEL; NYSE: PHI) today announced the results of its tender offer for the remaining Digital Telecommunications Phils., Inc. (Digitel) common shares held by the public. A total of 2,888 million shares were tendered by Digitel minority shareholders, representing approximately 94% of the shares held by the public. The minority […]
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JG Summit Completes Landmark Telco Transaction with PLDT

(PHStocks) – The Philippine Long Distance Telephone Company (PLDT; PSE: TEL, NYSE: PHI) and JG  Summit Holdings Inc. (JG Summit; PSE: JGS) jointly announce that PLDT has successfully completed the acquisition of a majority interest in Digital Telecommunications Philippines, Inc. (Digitel; PSE: DGTL) from JG Summit and other shareholders of Digitel, in a landmark share […]
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ASEAN Bourses to Set Up Cross-border Trading Link

Four ASEAN Exchanges, namely Bursa Malaysia (BM), the Philippine Stock Exchange Inc. (PSE), Singapore Exchange (SGX) and the Stock Exchange of Thailand (SET) working together with NYSE Technologies, said the design study of the technology framework for the ASEAN Trading Link has been completed. The ASEAN Trading Link aims to electronically interconnect the participating markets […]
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