Tycoon Andres Soriano III’s A. Soriano Corp. (Anscor) has earned ₱300 million in less than a year from the sale of its 22 percent stake in TBG Food Holdings Inc., the owner of The Bistro Group restaurant business, to Bounty Fresh founder Tennyson Chen’s Inoza Business Holdings Inc. for...
Only five companies from the Philippines made it to Forbes Asia’s 2025 Best Under A Billion list, which recognizes 200 top-performing small and mid-sized listed companies in the Asia-Pacific region. Filipino companies in the list are led by Converge Information & Communications Technology...
Tycoon Eduardo J. Soriano, vice chairman and director of A. Soriano Corporation (Anscor), passed away on Feb. 17, 2025, at the age of 69. "It is with deep sadness that we announce the passing of Mr. Eduardo J. Soriano, our vice chairman and director, today, Feb. 17, 2025," the company said in a...
Zobel-led Ayala Corporation has increased its stake in iPeople Inc., its partnership with the Yuchengco Group in the education sector, by acquiring the interest of A. Soriano Corporation (Anscor). In a disclosure to the Philippine Stock Exchange, Ayala said it has executed with Anscor a Share...