Private Equity
KKR had proposed to buy an 8.43% stake in First Gen Corp.
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IPOs & Markets
This would likely trigger a mandatory tender offer from KKR for the entire public float.
Analysis
The challenge is shifting towards how easily drivers can access and pay for charging.
Deals
First Philippine Holdings holds 67.84% in First Gen.
Earnings and Results
The Philippine e-wallet generated about $384m in revenue in Q2.
Lending growth may shift towards MSMEs as competition intensifies in retail segment.
Among the latest examples, Big Caring’s IPO could mark a liquidity event for Creador.
Manila offering up to 40% co-funding for battery models to bolster local supply chains.
The transaction is expected to be completed in the first half of 2027.
The fintech unicorn’s revenue surged 80% to $470m in 2025.
