Cebu Pacific to acquire AirSWIFT for P1.75 billion

Cebu Pacific has finalized an agreement to acquire AirSWIFT Transport Inc. from ALI Capital Corp. for PHP 1.75 billion, according to a joint press release and disclosures filed with the Philippine Stock Exchange (PSE) on Oct. 7, 2024. The acquisition, approved by the boards of both companies, involves the purchase of 100% of AirSWIFT’s shares. … Continue reading Cebu Pacific to acquire AirSWIFT for P1.75 billion