Article: PHILS ABOITIZ EQUITY VENTURES TO SELL TRANSPORT UNIT TO KGLI-NM.

Article: Nenaco owner acquires 49% of ATS.(Business News)
Manila Bulletin;  December 20, 2008 ;     700+ words ...KGLI-NM Holdings, Inc. (KGLI-NM), the owner of Negros Navigation Company, has opted to acquire ... Company, Inc. (ACO), have accepted the term sheet offered by KGLI-NM for the partial acquisition. Earlier, a total buyout was proposed ...

Article: Aboitiz selling ATS to owner of Negros Navigation for P5 ...
Manila Bulletin;  September 24, 2008 ;     594 words ... ... unanimously voted to accept the unsolicited offer of KGLI-NM Holdings, Inc. (KGLI-NM) to buy all of AEV's shareholdings in ATS subject to a due diligence audit to be conducted by KGLI-NM. The Memorandum of Agreement (MOA) between KGLI ...

Article: PHILIPPINES' ABOITIZ SELLS ENTIRE SHARES IN SHIPPING BUSINESS.
AsiaPulse News;  September 30, 2008 ;     700+ words ... ... stake to foreign consortium owned by KGLI-NM Holdings Inc. The board of directors ... due diligence to be conducted by KGLI-NM, the company said in a statement ... Agreement (MOA) to be executed between KGLI-NM, AEV and ACO, KGLI-NM will purchase ...

Article: Aboitiz sells entire shares in the shipping business.
Philippines News Agency;  September 24, 2008 ;     700+ words ... ... stake to foreign consortium owned by KGLI-NM Holdings Inc. The board of directors ... due diligence to be conducted by KGLI-NM, the company said in a statement ... Agreement (MOA) to be executed between KGLI-NM, AEV and ACO, KGLI-NM will purchase ...

Article: Traders optimistic on shipping firm's sale.(Provincial News)
Manila Bulletin;  January 1, 2009 ;     700+ words ... ... System Corp. (ATS) by Negros Navigation of the KGLI-NM Holdings Inc. (KGLI-NM). "The shipping industry will still be upbeat ... negotiations, he voiced confidence that if and when KGLI-NM Holdings fully acquires the publicly listed ATS ...

Article: Aboitiz employees assured on transition.(Provincial News)
Manila Bulletin;  September 25, 2008 ;     598 words ... ... have to adjust to the new business model of the KGLI-NM Holdings Inc. (KGLI-NM), which is jointly owned by NHMC and KGL Investments ... dedication of the employees were factors considered by KGLI-NM in the buy-out. Aboitiz also noted the expertise ...

Article: Aboitiz group no longer selling transport subsidiary.(Shipping)
Manila Bulletin;  September 7, 2009 ;     637 words ... ... stockholder, Aboitiz & Company, Inc. (ACO), have been informed earlier this year by KGLI-NM, Holdings Inc. (KGLI-NM) that KGLI-NM will not proceed with the purchase of $30 million worth of ATS common shares.In an interview ...