The Philippine Stock Exchange Inc. (PSE) is strengthening its foothold in the country’s fixed-income market with a deal to acquire a majority stake in the Philippine Dealing System Holdings Corporation (PDS). In a statement, the stock market operator announced it signed an agreement on December 26, 2024, to purchase an additional 61.92% of PDS, increasing […]

Jollibee Foods Corporation (JFC) announced it will acquire full ownership of the Tim Ho Wan brand, renowned for its Michelin-starred Cantonese cuisine. In a disclosure to the stock exchange, JFC said its subsidiary, Jollibee Worldwide Pte., which currently holds a 92% stake in Tim Ho Wan, will purchase the remaining 8% from other investors in […]