Corporate

Century Properties simplifies housing business via PHirst merger

Century Properties Group Inc. (CPGI) is consolidating its first-home housing business under its listed parent company after securing regulatory approval to absorb PHirst Park Homes Inc., a move aimed at simplifying operations and tightening capital allocation.

ABS-CBN shareholders approve P6-billion fresh capital to fuel rebuild

Shareholders of ABS-CBN Corp. on Wednesday gave the green light to a P6-billion new investment infusion, alongside the issuance of additional shares first announced in August.

EastWest widens EasyMobility, donates vehicles to boost community impact

EastWest has expanded its EasyMobility for Community Program, turning over vehicles to Our Lady of Guadalupe Minor Seminary and Jubilee Christian Academy to help both institutions reach more people and extend their vital work. This latest milestone follows earlier donations to groups in Cebu, Negros Occidental, and Davao.

ACEN unit signs deal for 49% stake in India solar project

ACEN Corp.’s renewable energy business is expanding its presence in India, with its subsidiary Unlimited Renewables Holdings B.V. (URH) signing agreements that could bring a new strategic investor into a solar project in Rajasthan.

PCC restores 30-day M&A notification deadline for deals 

The Philippine Competition Commission (PCC) is restoring the mandatory 30-day notification period for mergers and acquisitions, tightening the timetable for regulatory scrutiny of major deals.

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