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Host Union International Ltd., a Hong Kong-based company jointly owned by PhilWeb Corp. and ISM Communications Corp., has completed the acquisition of a 65-percent stake in Acentic GmbH, a Germany-based international provider of digital and Internet protocol converged services to hotels, tourism facilities and healthcare facilities.
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Technology firms PhilWeb Corp. and ISM Communications Corp., both controlled by former Trade and Industry Minister Roberto V. Ongpin, have signed an agreement to acquire a 65 percent stake in Acentic GmbH for approximately P1.3 billion.
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CAPITAL S

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Host Union International Ltd., a Hong Kong-based company jointly owned by PhilWeb Corp. and ISM Communications Corp., has completed the acquisition of a 65-percent stake in Acentic GmbH, a Germany-based international provider of digital and Internet protocol converged services to hotels, tourism facilities and healthcare facilities.
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Technology firms PhilWeb Corp. and ISM Communications Corp., both controlled by former Trade and Industry Minister Roberto V. Ongpin, have signed an agreement to acquire a 65 percent stake in Acentic GmbH for approximately P1.3 billion.
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abtest

PhilWeb-ISM completes acquisition of German firm

By Zinnia B. Dela Peña | January 13, 2010 - 12:00am

Host Union International Ltd., a Hong Kong-based company jointly owned by PhilWeb Corp. and ISM Communications Corp., has completed the acquisition of a 65-percent stake in Acentic GmbH, a Germany-based international...

Business

Ongpin group acquires 65% of German TV firm

By Zinnia B. Dela Peña | December 24, 2009 - 12:00am

Technology firms PhilWeb Corp. and ISM Communications Corp., both controlled by former Trade and Industry Minister Roberto V. Ongpin, have signed an agreement to acquire a 65 percent stake in Acentic GmbH for...

Business