Aboitiz, partner seal P100-B buyout of Coca-Cola Philippines

Miguel Camus 02/24/2024

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…

AEV posts P2-billion net income for 1st quarter of 2020

Irene R. Sino Cruz 04/30/2020

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.…

AEV to issue first-ever dollar denominated bonds to finance offshore expansion

Irene R. Sino Cruz 01/13/2020

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…

AEV raises $400M via offshore bond offering

Doris Dumlao-Abadilla - Philippine Daily Inquirer 01/11/2020

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.…

Aboitiz Equity Ventures assets stand at P576-B as it marks 25th year with PSE

Irene R. Sino Cruz 11/23/2019

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 allots P81 billion for capex in 2019

PR 04/23/2019

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…

BY LEAPS AND BOUNDS

Glendale G. Rosal 08/19/2016

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,…

AEV sets aside P58.5B for 2016 capital spending

02/09/2016

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…

Cheers!

01/04/2016

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…

Aboitiz, Metro Pacific vie for regional airports

08/18/2015

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…

AEV net income declines

07/31/2015

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 exits shipping business

02/13/2014

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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