◂ Announcements

Feb 22, 2018ACQUISITIONCalapan City, Oriental Mindoro, Philippines, Philippines

Philippine H2O Ventures sells water business to Tabuk Water for P442 million

Philippine H2O Ventures Corp. has signed a share purchase agreement to sell its subsidiary Calapan Waterworks Corp. to Tabuk Water Corp. for P442 million, as part of a spin-off of its water business.

Value

$8.50M (442.0M PHP)

Status

Announced

Productswater supply services

CompaniesPhilippine H2O Ventures Corp. target Tabuk Water Corp. acquirer Calapan Waterworks Corp. target Jolliville Holdings Corp. partner

Sectors#Water Treatment Equipment

“The sale of water business involves the sale by H2O of all its shares and interests in Calapan Waterworks Corp.”gmanetwork.com

1 source
gmanetwork.comPhilippine H2O Ventures to spin-off water business | GMA News OnlineGMA NewsFeb 22, 2018

Summarized from public sources; check the original articles before acting on it.

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