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BLACKSTONE GROUP

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abtest

SMC plans solo bid for United Biscuits

September 13, 2014 - 12:00am

San Miguel Corp., the Philippines’ most diversified conglomerate, said it was planning a solo bid for British snacks maker United Biscuits, owner of brands such as Jaffa Cakes and Twiglets.

Business

Enchanted Kingdom president becomes first Asian to chair IAAPA

September 23, 2013 - 12:00am

Enchanted Kingdom chairman and president Mario O. Mamon will be the first Asian and  proudly  the first Filipino to head the International Association of Amusement Parks and Attractions or IAAPA....

Lifestyle Business

Ayala unit open to bigger stake in GN Power

By Iris Gonzales | August 29, 2013 - 12:00am

AC Energy Holdings Inc., the power subsidiary of the Ayala Group, is open to acquiring a bigger stake in GN Power Mariveles Coal Plant Co., a 600-megawatt coal-fired facility that started operations in May, its top...

Business

Kodak reaches deal to borrow $793 million

November 13, 2012 - 7:09am

Struggling photo pioneer Eastman Kodak Co. said yesterday that it has reached an agreement to borrow $793 million, an important step in letting it leave bankruptcy protection in the first half of next year.

Chinese company to buy US movie theater chain AMC

May 22, 2012 - 4:00am

A Chinese conglomerate announced yesterday it will buy a major US cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest takeover of an American company to date.

Harry Potter park to appear in Hollywood

December 7, 2011 - 4:15pm

A Harry Potter theme park is coming to California.

China discloses buying spree in US companies

February 10, 2010 - 12:00am

BEIJING (AP) — China’s giant sovereign wealth fund revealed it has accumulated stakes totaling $9.6 billion in major US companies including Coca-Cola, Apple and Goodyear following a buying spree last...

Business

At Davos, sometimes sorry is the hardest word

January 31, 2009 - 12:00am

DAVOS, Switzerland – At Davos, it seems, sorry is the hardest word.

Headlines

First Pacific joins Philamlife buyers' list

By Ted P. Torres | January 20, 2009 - 12:00am

The First Pacific Co. Ltd. is reportedly interested in bidding for the Philippine American Life and General Insurance Co. (Philamlife).

Banking

LOCAL NEWS: Philippine AIG unit assures customers despite sale

October 6, 2008 - 3:10pm

MANILA (AP) -The Philippine unit of American International Group Inc. sought to dispel concerns today that the ...