financetom
Business
financetom
/
Business
/
Philippine's Metro Pacific to sell stake in Philippine terminal operator
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Philippine's Metro Pacific to sell stake in Philippine terminal operator
Oct 22, 2024 4:22 PM

Oct 23 (Reuters) - Hong Kong-listed First Pacific ( FPAFF )

said on Wednesday that its unit Metro Pacific

Investments Corp ( MPCFF ) is selling its stake in Philippine

Coastal Storage & Pipeline Corp, an import terminal operator,

valuing it at $296 million.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Novavax Secures FDA Approval for COVID-19 Vaccine
Novavax Secures FDA Approval for COVID-19 Vaccine
May 26, 2025
10:40 AM EDT, 05/19/2025 (MT Newswires) -- Novavax ( NVAX ) on Monday said it received approval from the US Food and Drug Administration for its Nuvaxovid COVID-19 vaccine. The FDA approved the firm's biologics license application for the product for adults aged 65 and older, as well as for individuals 12 through 64 years with at least one underlying...
Market Chatter: Nippon to Invest $14 Billion in US Steel if Trump Approves Acquisition
Market Chatter: Nippon to Invest $14 Billion in US Steel if Trump Approves Acquisition
May 26, 2025
10:35 AM EDT, 05/19/2025 (MT Newswires) -- Nippon Steel intends to invest $14 billion in United States Steel's ( X ) operations, including up to $4 billion in a new steel mill, if President Donald Trump approves Nippon's bid for the company, Reuters reported Monday, citing a document and two people familiar with the matter. US Steel and Nippon Steel...
Frontier Group's Price Point, Customer Base Likely to be Seen as 'Economically Vulnerable,' Morgan Stanley Says
Frontier Group's Price Point, Customer Base Likely to be Seen as 'Economically Vulnerable,' Morgan Stanley Says
May 26, 2025
10:41 AM EDT, 05/19/2025 (MT Newswires) -- Frontier Group Holdings' ( ULCC ) price point and customer base will likely be viewed by the Street as the most economically vulnerable, Morgan Stanley said in a note Monday. The investment bank said signs of improvement early this month like its peers as seasonality gains steam and expected capacity declines in H2...
Copyright 2023-2026 - www.financetom.com All Rights Reserved