PhilWeb Corp., a listed gaming company, said it was notified that its principal shareholder, Gregorio Araneta Inc., has entered into a Share Purchase Agreement with Nexora Holdings Inc. and Velora Holdings Inc. to sell GAINC’s entire 57 percent stake—comprising 829.57 million common shares—for P2.17 per share, or a total P1.8 billion.
The Philippines is accelerating its transition from traditional outsourcing to higher-value digital services after President Ferdinand Marcos Jr. secured fresh investment commitments and expanded technology partnerships with Canadian companies during his official visit to Canada.
Two Aboitiz-backed companies are deepening the country's circular economy push by turning hard-to-recycle plastic waste into an industrial resource instead of landfill, highlighting how corporate partnerships can unlock both environmental and business value.
PLDT Group and its wireless arm Smart Communications have launched an AI-powered platform called EVE (Emergency Vital Essentials) to help employees and their families prepare for disasters and crises long before they occur.