Aboitiz Equity Ventures Inc. reported a 135 surge in net income for the first three quarters of 2021 to P19.5 billion from the P8.3 billion recorded during the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said it recognized non-recurring gains of P83 million,...
Aboitiz Equity Ventures (AEV) is selling a 25.01 percent stake in Aboitiz Power Corporation (AboitizPower) to JERA Co. Inc., Japan’s largest power producer, for $1.146 billion in cash. In a disclosure to the Philippine Stock Exchange, AEV said the Aboitiz family’s privately held parent company...
The Aboitiz Group has ramped up the vaccination of its team members, amid the surge of the highly transmissible Delta variant in the country, to fulfill its commitment to prioritize their health and safety while ensuring continued operations to keep the economy running towards a “better...
The Aboitiz Group, together with a coalition of public-private sector partners under the Taskforce T3 (test, trace, treat), has pledged support to the government’s efforts to initiate the vaccination of the A4 priority sector. The commitment was formalized on June 7 through a hybrid event held...