Corporate
Metro Pacific extends tender offer; seeks remaining 3.13% minority shares
Metro Pacific Investments Corp. said Friday minority shareholders have tendered a total 5.36 billion common shares, equivalent to 18.7 percent stake in the listed investment holding company.
Price recalibration, cost cuts ease Del Monte 1Q loss to $13.1 million
Campos-led Del Monte Pacific Ltd. reported a net loss in the quarter ending July to $13.1 million from previous year’s $30.5 million on higher interest expense.
Roark Capital to buy sandwich chain Subway for up to $9.55B -sources
Private equity firm Roark Capital agreed on Thursday to buy Subway, in a deal that people familiar with the matter said values the U.S. sandwich chain at up to $9.55 billion, including debt, subject to targets in its financial performance.
Campos’ daughter elected director of Del Monte’s Philippine unit
Del Monte Pacific Ltd. said Thursday its Philippine subsidiary has elected Jeanette Beatrice Naughton as a member of its board of directors.
PAL taps LinkedIn for greater employee skills acquisition
Philippine Airlines (PAL) has partnered with LinkedIn, the world's largest professional networking platform, to equip its workforce with vital skills for a fast-changing and competitive business environment.
