Makati

Concepcion-Carrier Air Conditioning

Concepcion and UTC buy joint stake in Otis Philippines

Makati, Philippines-based cooling solutions provider Concepcion Group is buying a stake in elevator company Otis E&M Co Philippines as a joint venture with Hartford, US-based multinational conglomerate United Technologies Corp (UTC) for an undisclosed amount.

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Berjaya Philippines Inc

Berjaya Philippines to buy half of London's RBW in PHP3.7M cash deal

Makati, Philippines-based holding firm Berjaya Philippines Inc will buy a 50% stake in London, UK-based property firm RBW Holdings Ltd in a cash deal valued at PHP3.7 million.

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Ayala Land Inc (ALI)

Ayala buys out Mitsubishi's stake in Philippine energy firm

Makati, Philippines-based real estate investment firm Ayala Land Inc (ALI) bought out the 40% holding of Tokyo, Japan-based trading giant Mitsubishi Corp in Philippine Integrated Energy Solutions Inc (PhilEnergy) for an undisclosed amount.

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