Tag: PhilWeb

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PhilWeb teams with Hann Casino for online gaming

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PhilWeb Corp., a listed application service provider for gaming and internet business activities, has struck a strategic partnership with Hann Casino to manage the latter’s regulated online gaming platform in the Philippines, a significant push into the country’s digital gaming market.

PhilWeb control sale triggers tender offer

Corporate Context.ph Context.ph -
PhilWeb Corp. is set for a change in control after its principal shareholder, Gregorio Araneta Inc. (GAINC), agreed to sell its entire 57 percent stake to two domestic holding firms, a deal that will trigger a mandatory tender offer to minority shareholders.

PhilWeb faces shift in control as Araneta Inc sells stake

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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.
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Eala’s HK Open final ends in heartbreak, but ranking soars

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The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.

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