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Lopez-Consunji venture bags P22.6-B Cebu project

2017-12-04 bworldonline
A CONSORTIUM COMPOSED of the Lopez and Consunji groups and Spain’s Acciona Construccion S.A. has bagged the P22.6-billion contract to build and design the Cebu-Cordova Link Expressway (CCLEx), the Metro Pacific group’s first tollway project in the Visayas. (4-0)

MPIC sets P653-B capex for next 5 years

2017-11-16 bworldonline
SYDNEY, AUSTRALIA — Metro Pacific Investments Corp. (MPIC) will be setting aside P653 billion in capital expenditures for the next five years, as it continues to grow its toll roads business both in the Philippines and across the Southeast Asian region, as well as undertake projects under its power, water, hospital, and rail businesses. (12-0)

Canada snares Aussie milk giant for $1.3bn

2017-10-27 perthnow.com.au
AUSTRALIA’S biggest diary processor, Murray Goulburn Cooperative, has been sold for $1.3 billion as ownership of another prized Australian food business goes offshore. (5-0)

Mess transit system

2017-09-27 business.inquirer.net
In July last year, Transport Secretary Arthur Tugade promised to fix the Metro Rail Transit Line 3 (MRT-3) along Edsa in the first 100 days of the motorbiking Duterte Harley administration. I almost cried when he vowed to give the public a pleasant ride.

Indofoods - Trading At A Decent Valuation

2017-09-24 seekingalpha
Indofoods (OTCPK:PIFMY)(OTCPK:PIFMF) is one of the largest producers of noodles in the world and is the Pepsi distributor of Indonesia. The stock trades at a decent valuation, profit margins are high, and sales have gone through the roof.

Phl’s top CEOs: Partner up or part ways

2017-09-16 philstar
Partnerships, such as the structure we have in our firm, are tougher to govern than regular corporations. In corporations, the majority owner calls the shots in big decisions, and for day-to-day business, much power is vested on the CEO. (0-1)

Fact Sheet - 30 June 2017

2017-08-04 londonstockexchange
Lazard World Trust Fund (the 'Fund') seeks to achieve long-term capital appreciation by investing primarily in companies whose shares trade at a discount to their underlying Net Asset Value. The Fund measures its performance principally against the MSCI All Countries World (ex US) Index, although Lazard Asset Management LLC (the 'Manager') seeks to achieve the highest possible risk-adjusted returns.

Rescue for driller Boart Longyear gets over the line despite dogged resistance from Anthony Maurici

2017-07-02 theage.com.au
The struggling ASX-listed driller, Boart Longyear, heads back to the Supreme Court this week to get the court's stamp of approval for its latest recapitalisation plan.

Rescue for driller Boart Longyear gets over the line despite dogged resistance from Anthony Maurici

2017-07-02 smh.com.au
The struggling ASX-listed driller, Boart Longyear, heads back to the Supreme Court this week to get the court's stamp of approval for its latest recapitalisation plan.

PLDT divests remaining stake in Meralco for P21.8B

2017-06-14 business.inquirer.net
Infrastructure holding firm Metro Pacific Investments Corp. (MPIC) has raised its interest in electricity distributor Manila Electric Co. and power generation firm Global Business Power Corp. by buying out the shares held by the PLDT group for P21.8 billion.

MPIC boosts stake in Meralco, Global Power

2017-06-14 business.inquirer.net
Infrastructure holding Metro Pacific Investments Corp. (MPIC) has raised its interest in electricity distributor Manila Electric Co. and power generation firm Global Business Power Corp. by buying out the shares held by the PLDT group for a sum of P21.8 billion.

Auckland loses two pie factories

2017-06-08 nzherald.co.nz
Goodman Fielder plans to close two factories in Auckland, consolidating their production to a single site and shifting its pie-making operation to Palmerston North as part of an ongoing efficiency drive in what it calls "a very competitive market".

Arconic: Betting On Activism

2017-05-23 seekingalpha
Things come to a head on Thursday at the Arconic (NYSE:ARNC) shareholder meeting. This has been a most interesting proxy contest that Paul Singer's Elliott Management has been running. The Arconic CEO stepped down after he sent an ill-advised letter to Singer - worth the read, but Elliott hasn't backed down. It still wants its board seats and it still wants Larry Lawson - former SpiritAerosystems (NYSE:SPR) - as the new Arconic CEO.

PLDT starts search for CEO

2017-05-21 philstar
MANILA, Philippines -  PLDT Inc. has started a market scan of individuals who can serve as the telco and digital services provider’s new chief executive officer (CEO) as it looks to name a new head of the company by next year.

Fact Sheet - 30 April 2017

2017-05-18 londonstockexchange
International equities rose slightly in April, though with considerable intra-month volatility. A general disappointment with the lack of legislative progress on the part of the new U.S. administration, and lower than expected growth numbers, seemingly contributed to market weakness. The first round of French elections, in which centrist candidate Emmanuel Macron got in, boosted market sentiment. This could be a turning point for Europe, as political noises overhanging the European markets start to fade; economic growth and corporate earnings improve, with a supportive policy environment and undervalued currency.