Aboitiz Power Corp. (AboitizPower) reported a dip in its net income contribution to its parent, Aboitiz Equity Ventures, Inc. (AEV), during the first quarter of 2025. In a disclosure to the Philippine Stock Exchange on Tuesday, April 30, the company said lower prices in the Wholesale Electricity...
Aboitiz Equity Ventures Inc., the investment arm of the Aboitiz family, reported a 10 percent improvement in consolidated net income to P11.5 billion for the first half of 2024 from the P10.5 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
Following major acquisitions and expansion in 2023, the Aboitiz Group is more than doubling its capital expenditures (capex) to P153 billion this year from the P65 billion spent in 2022 with a majority allotted for its renewable energy projects in the pipeline. In a statement, Aboitiz Equity...
The Aboitiz Group’s investment arm Aboitiz Equity Ventures Inc. (AEV) reported a two percent dip in consolidated net income to P23.5 billion last year from the P24 billion earned in 2022 due to one-time gains. In a disclosure to the Philippine Stock Exchange (PSE), AEV said that, excluding...
Aboitiz Equity Ventures Inc. (AEV) and Coca-Cola Europacific Partners Plc (CCEP) have completed their $1.8-billion acquisition of Coca-Cola Beverages Philippines Inc. (CCBPI) from The Coca-Cola Company (TCCC). In a statement, AEV said CCBPI, the exclusive bottler and distributor of TCCC...
The $1.8-billion acquisition of Coca-Cola Beverages Philippines Inc. (CCBPI) by Aboitiz Equity Ventures Inc. (AEV) and Coca-Cola Europacific Partners Plc (CCEP) takes a further step towards completion after getting the green light from the Philippine Competition Commission (PCC). In a disclosure to...
Aboitiz Equity Ventures Inc. (AEV), the investment arm of the Aboitiz Group, and Coca-Cola Europacific Partners Plc (CCEP), have entered into a definitive agreement to jointly acquire Coca-Cola Beverages Philippines Inc. (CCBPI) from The Coca-Cola Company (TCCC) for $1.8 billion. In a disclosure to...
Aboitiz Equity Ventures Inc. (AEV) reported a 16 percent decrease in its net income to P18 billion for the first nine months of 2023 compared as against P21. 4 billion in the same period in 2022. In a disclosure to the Philippine Stock Exchange (PSE), the firm attributed the decline to its...
Aboitiz Land Inc., the real estate development arm of Aboitiz Equity Ventures, has been recognized by HR Asia as one of the "Best Companies to Work For" in Asia in 2023. In a statement, the firm said this is due to its unwavering dedication to cultivating innovation, values, and employee...
Aboitiz Equity Ventures’ (AEV) planned issuance of up to P17.45 billion worth of bonds has been given the highest ratings of PRS Aaa with a Stable Outlook by Philippine Rating Services Corporation (PhilRatings). In a statement, the ratings agency said AEV is planning a bond issue amounting...
Aboitiz Equity Ventures, Inc. will be conducting its annual stockholders meeting for 2023 on April 24, 2023, Monday, at 2:30 p.m. he meeting will be conducted virtually from NAC Tower, 32nd Street, Bonifacio Global City, Taguig City. The 2023 ASM is accessible through the hyperlink...
The Philippine Dealing and Exchange Corporation (PDEx) has approved the planned listing of Aboitiz Equity Ventures’ (AEV) P20 billion fixed-rate retail bonds, which includes oversubscriptions. In a disclosure to the Philippine Stock Exchange, AEV said the 2022 Bonds consist of a base offer in the...
