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Anscor exits The Bistro Group with P1.91-billion sale to Inoza
Business World Philippines
|October 03, 2025
INOZA BUSINESS HOLDINGS, INC., an affiliate of Progeny Global Holdings that operates the Bounty Fresh brand, has acquired listed holding company ‘A. Soriano Corp’s (Anscor) minority stake in The Bistro Group (TBG), a casual dining restaurant operator, for P1.91 billion.
“Anscor extends its best wishes to the Bistro and Inoza teams. We are confident they will continue delighting Filipino consumers with their quality dining experiences for many years to come, and we look forward to seeing their continued success,” the company said in a disclosure on Thursday.
The deal follows the Philippine Competition Commission’s approval in August of Inoza’s acquisition of a majority stake in TBG.
This story is from the October 03, 2025 edition of Business World Philippines.
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