Corporate

Coca-Cola Beverages Philippines Inc., the official bottling partner of The Coca-Cola Company in the Philippines, has rebranded to Coca-Cola Europacific Aboitiz Philippines Inc. following the completion of a strategic acquisition by Coca-Cola Europacific Partners (CCEP) and Aboitiz Equity Ventures (AEV).

Metro Pacific Tollways Corp. (MPTC) is set to raise between P30 billion and P50 billion this year to fund its ongoing expansion initiatives, ahead of a proposed merger with the tollway business of San Miguel Corp. (SMC).

Maynilad Water Services Inc., the West Zone water concessionaire, is in talks with banks for its planned initial public offering (IPO) on the Philippine Stock Exchange, as part of its mandatory listing requirement by 2027.

Filinvest REIT Corp., the real estate investment trust of the Gotianun group, reported a 13 percent increase in new leases for the first nine months of 2024, largely driven by multinational firms expanding operations at Northgate Cyberzone in Alabang.

The Jollibee Group continues its strategic expansion into new culinary territories by launching the first Philippine branch of Tiong Bahru Bakery, marking the brand’s entry into the premium viennoiserie and handmade pastry market.