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Pilmico scouts for acquisition targets

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SCREENGRAB from www.pilmico.com

Pilmico Foods Corp., a unit of Aboitiz Equity Ventures, is looking at additional acquisitions or investments into flour mills and feed mills in neighboring countries as it anticipates free trade among members of the Association of Southeast Asian Nations (Asean).

Posted: August 16th, 2014 in Headlines,Latest Business Stories | Read More »

Union Bank taking over CitySavings Bank

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union-bank

MANILA, Philippines—Union Bank of the Philippines is set to buy 32-branch thrift bank City Savings Bank, marking a consolidation of the banking interests of the Aboitiz group.   In a joint statement, Union Bank and parent conglomerate Aboitiz Equity Ventures announced the acquisition by the former of 99.54 percent of CitySavings for about P5.7 billion. [...]

Posted: January 9th, 2013 in Latest Business Stories | Read More »

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