28/11/2025
Newsletter
In November 2025, the Philippine deal environment remained active, led by strategic foreign investments in energy, financial services, and technology-enabled platforms. Aggregate disclosed and estimated deal value was supported by large-scale energy alongside continued venture funding into fintech, healthtech, and logistics technology platforms.
Deal activity was characterised by a mix of strategic M&A, project finance, and venture capital deployments, with foreign investors playing a leading role. Energy and industrials accounted for the largest share of deal value, while technology and financial services continued to attract early-stage and platform-building investments.
Saudi Aramco acquires 25% stake in Unioil Petroleum Philippines
Saudi Arabian oil major Aramco acquired a 25% equity stake in Unioil Petroleum Philippines Inc. in November 2025, marking its strategic re-entry into the Philippine downstream fuels market. The partnership provides Unioil with access to Aramco’s global refining, supply and logistics network to strengthen fuel distribution and retail operations. Financial terms were not disclosed.
Article link: Saudi Aramco acquires 25% stake in Unioil Petroleum Philippines
Billease acquires Sta. Maria Rural Bank
Digital lending platform Billease completed the acquisition of Sta. Maria Rural Bank Inc., securing a rural banking license and strengthening its regulated financial infrastructure for nationwide digital lending and consumer finance expansion. The transaction supports Billease’s strategy to deepen product offerings and improve deposit-taking and credit distribution capabilities. Transaction value was not disclosed.
Article link: Billease acquires Sta. Maria Rural Bank
Philippine Veterans Bank to acquire UCPB Savings Bank
Philippine Veterans Bank announced the acquisition of UCPB Savings Bank from Land Bank of the Philippines in a transaction valued at c. USD45.8 million, supporting consolidation among mid-tier banks and expansion of its retail banking network.
Article link: Philippine Veterans Bank to acquire UCPB Savings Bank
SEAI Metro Manila One acquires minority stake in Zileya Land Development
SEAI Metro Manila One Inc. announced the acquisition of a minority stake in Zileya Land Development Corporation from Arthaland Corporation for c. USD12.3 million, expanding its exposure to residential and mixed‑use developments in Metro Manila.
Article link: SEAI Metro Manila One acquires minority stake in Zileya Land Development
Foxmont Capital invests in Eluvo Healthcare Group
Foxmont Capital Partners completed seed and venture investments into Eluvo Healthcare Group Inc., a technology‑enabled healthcare platform. The investment supports the expansion of digital healthcare delivery and patient services. Financial terms were not disclosed.
Article link: Foxmont Capital invests in Eluvo Healthcare Group
1414 Ventures backs BEAM Media
1414 Ventures completed a seed investment into BEAM Media Corp., supporting the expansion of its digital content, advertising and creator‑economy solutions. Financial terms were not disclosed.
Article link: 1414 Ventures backs BEAM Media
OneLot Technologies raises USD3.3 million seed round
OneLot Technologies completed a USD 3.3m seed round led by Accion International, Seedstars, 468 Capital, Kaya Founders, Crestone VC, Everywhere Ventures and Accion Ventures II to support its logistics technology and SME financing platform expansion.
Article link: OneLot Technologies raises USD3.3 million seed round
Concrete Stone Corp acquired by Asiabest Group International
Asiabest Group International Inc. completed the acquisition of Concrete Stone Corp. in a transaction valued at c.USD145.5m, strengthening its construction materials and industrial manufacturing footprint in the Philippines.
Article link: Concrete Stone Corp acquired by Asiabest Group International
UKEF and Citi close Philippine Airlines engine financing
UK Export Finance and Citi closed a long-term structured financing facility to support Philippine Airlines’ acquisition of aircraft engines under a 12‑year loan program, highlighting continued cross‑border capital flows into Philippine aviation infrastructure.
Article link: UKEF and Citi close Philippine Airlines engine financing
DigiPlus to acquire controlling stake in International Entertainment Corp (IEC)
DigiPlus Interactive Corp. agreed to acquire a controlling economic stake in casino operator International Entertainment Corp. (IEC) via a convertible notes subscription valued at c. HK$1.6 billion, which - upon conversion - would give DigiPlus around 53.89 % of IEC’s outstanding shares.
Article link: DigiPlus to acquire controlling stake in casino operator IEC for P12 billion
Note: (1) Deal values include disclosed announced & closed deals with amounts restricted to the local scene i.e., amounts related to the Vietnam entity and/or business. Rumored deals are not included. Cross-posted deals are also adjusted to avoid double counting.