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MANILA, Philippines —The Aboitiz Group and its European partner completed on Friday their P100-billion buyout of Coca-Cola’s Philippine unit, adding the popular brand to their investment portfolio. Aboitiz Equity Ventures Inc. (AEV) bought 40 percent of Coca-Cola…
CEBU CITY, Philippines — Although the coronavirus 2019 outbreak has adversely affected the country’s economy, the Aboitiz Equity Ventures Inc. (AEV) still generated P2-billion net income for the first quarter of 2020, an emailed company statement revealed.…
CEBU CITY—The Aboitiz Equity Ventures Inc. (AEV) aims to raise $400 million through the issuance of its fixed rate, US dollar-denominated unsecured notes. The issuance of the notes will be made through AEV International PTE Ltd., its…
Conglomerate Aboitiz Equity Ventures Inc. (AEV) has raised $400 million from an offshore bond offering, partly to refinance its takeover of Singapore-based agribusiness firm Gold Coin Management Holdings Ltd. AEV’s wholly owned subsidiary AEV International Pte. Ltd.…
CEBU CITY, Philippines — The Aboitiz Equity Ventures (AEV) total assets grew 66 times since it joined the Philippine Stock Exchange (PSE) in 1994. AEV marked its 25th year with the PSE Friday, November 22, during a…
Aboitiz Equity Ventures, Inc. (AEV), together with its partners, has earmarked P81 billion in capital expenditures (capex) in 2019, the bulk of which will be used for power and infrastructure projects to sustain growth momentum over the…
Organizers of Aboitiz Football Cup say prestigious tournament has vastly improved through the years From a P50,000 donation from the Aboitiz Equity Ventures 18 years ago, the Aboitiz Football Cup has indeed come a long way. This,…
WITH high hopes for growth, Aboitiz Equity Ventures, Inc. (AEV) has allocated P58.4 billion for capital expenditure (capex) this year. The bulk will be used for its power expansion projects, the company said in a disclosure to…
Event: Aboitiz Party with media Site: Salon de España, Casino Español de Cebu Seen: Vis-Min media practitioners with Aboitiz management and staff Dispatch: Boy, the 5th generation Aboitiz guys know how to have fun and they have…
PPP deal involves Davao, Laguindingan, New Bohol, Iloilo, Bacolod airports Conglomerates Aboitiz Equity Ventures, Inc. and Metro Pacific Investments Corp. are vying for the regional airports project under the government’s public-private partnership (PPP) program. In separate disclosures…
Aboitiz Equity Ventures, Inc. (AEV) said its consolidated net income declined 18 percent to P7.8 billion in the first half of this year. This translates to P1.41 in earnings per share, the company said in a disclosure…
Aboitiz Equity Ventures Inc. has completed its exit from shipping-related businesses with the sale of its entire stake in maritime services group Aboitiz Jebsen, a partnership with the Jebsens group of Norway. In a disclosure to the…
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