PCC voids Udenna deal with 2Go shareholder; Udenna to file appeal
The Philippine Competition Commission (PCC) has nullified the agreement between Udenna Corporation and KGL Investment Cooperatief U.A. (KGLI Coop), and levied them a fine…
Chelsea Logistics secures $220M China loan for 32% stake in 2GO
Philippine shipping line Chelsea Logistics Corp. (CLC) has signed a $220-million bridge loan agreement with Bank of China, intending to use the borrowed money…
Philippine passenger and cargo carrier Chelsea Logistics Corporation plans to raise up to P8 billion through an initial public offering (IPO) in July to…
Holding company SM Investments Corporation (SMIC) paid US$124.5 million to acquire a 34.5% stake in 2GO Group, Inc. through the latter’s majority shareholder and…
