Five big Corporate Mergers and Acquisitions in the Philippines in past year

mergers-acquisitions p

here’s an article from from it’s correspondents :

Five big Corporate Mergers and Acquisitions in the Philippines in Past Year

MANILA – Mergers and acquisitions have been moving as the Philippines’ billionaires seek to capitalize on the momentum of one of the fastest-growing economies in the world.

Here is a list of notable mergers and acquisitions in the Philippines in the last 12 months. (For notable foreign acquisitions of Filipino companies, read: Filipino companies gobble up the world with chips, burgers, spirits)

Universal Robina Corp, founded by tycoon John Gokongwei, said Tuesday it was selling the rights to manufacture and distribute Hunt’s products to Century Pacific Food’s Corp, the maker of Century Tuna and Argentina Corned Beef.

The transaction, URC, said, would enable it to focus on its core snack food and beverage business. Universal Robina’s brands include Jack n Jill and C2 iced tea.

SM Investments Corp (SMIC). in March said it was acquiring a 34.5-percent stake in 2GO, for its first foray into the fast-growing logistics business.

The conglomerate, founded by the country’s richest man, Henry Sy, wants to adapt to the changing retail landscape. “Some people will like to order from the comfort of their living room, some go to the mall to socialize and interact with other shoppers. We are going to cater to different ways,” SMIC vice chairman Tersita Sy-Coson said.

The Ayala Group said in February that it was acquiring nearly half of online retailer Zalora, as it expands into e-commerce.

The fusion of physical and virtual spaces will create an “omni-channel retail experience”  according to Zalora, which plans to bring its “pop-up” stores to Ayala Malls.

State-run Land Bank of the Philippines announced in November that it would acquire Philippine Postal Savings Bank and spin it off into a lender for overseas Filipino workers.

Finance Secretary Carlos Dominguez said PostBank was in the best position to serve overseas workers, given its ties to the postal service.

PLDT Inc. and Globe Telecom, said in May last year that it would buy rival San Miguel Corp’s telecommunications assets for P70 billion, effectively stopping the entry of a third player in the industry hounded by complaints of bad service.

Access to San Miguel’s 700 Mhz frequency will increase internet speeds, PLDT and Globe said. The country’s anti-competition watchdog is investigating the deal for alleged violation of competition laws.

Filipino companies have also set their sights abroad for growth, with various acquisitions over the past 2 years.


Visit for blogs, news, case studies, updated rulings and property listings which you may find informative.

We are currently migrating all posts to which will be the main website and will advise you when ready.

Subscribe to my daily postings by filling in your email address at the SUBSCRIBE section located at the mid right hand portion of the webpage of

View properties you are looking for by using the SEARCH engine ( highlighted in Green on the right hand corner of the webpage ).

Finally, should you have a property for SALE or LEASE, let me know if our office could be of assistance.

Thank you.

Robert G. Sarmiento Properties
Professional Affiliation :
Philippine Association of Real Estate Boards
Member, City of Taguig Real Estate Board 2016 – 2017
Real Estate Broker’s Association of the Philippines 2000-2015
President, Greenhills Chapter 2008, 2009
Philippine Association of Real Estate Brokers
San Juan Mandaluyong Chapter 1998, 1999
PRC # 6569
AIPO # 000897
02 5148481 ( direct line )
+ 632 5536051 ( trunkline )
+ 632 4781316 ( telefax )
+ 632 8561365 ( line 3 )
+ 632 8041701 ( line 4 )
+ 63 917 5364829 ( globe )
Email : [email protected]
Website :

Leave a Reply

Compare listings