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P1.52B deal turns Sinophil into key gaming firm

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Sinophil Corp. has completed the purchase of a 34.5-percent stake in lotto equipment provider Pacific Online Systems Corp. from parent conglomerate Belle Corp.

Posted: July 24th, 2014 in Headlines | Read More »

Gokongwei buys New Zealand firm for P26.4B

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Gokongwei-led Universal Robina Corp. has scaled up its Asia-Pacific footprint with the acquisition of Auckland-based Griffin’s Foods Ltd., New Zealand’s leading biscuit and snack food manufacturer, for about NZ$700 (P26.37 billion).

Posted: July 22nd, 2014 in Headlines | Read More »

LRWC buys e-games operator for P620M

Trading on shares of Leisure and Resorts World Corp. (LRWC) was suspended Monday as the gaming firm finalized a deal to acquire 100 percent of Total Gamezone Extreme Inc. (TGXI), which owns and operates a network of e-games outlets.

Posted: July 22nd, 2014 in Headlines | Read More »

URC to acquire Kiwi food company

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Screengrab from http://www2.urc.com.ph/

Universal Robina Corp. is widening its Asia-Pacific presence with the acquisition of Auckland-based Griffin’s Foods Ltd., New Zealand’s leading snack food manufacturer, for about NZ$700 million (P26.37 billion).

Posted: July 21st, 2014 in Latest Business Stories | Read More »

Biz Buzz: Hanging Monetary Board appointments

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Almost a week after the end of the terms of Monetary Board members Peter Favila and Juan de Zuñiga—a short 54 days in the case of the latter, who served the unfinished term of former MB member Ignacio Bunye—Malacañang has yet to name its choices for the highly coveted posts.

Posted: July 9th, 2014 in Columnists,Inquirer Columns | Read More »

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