Vivant unit exits JV with Israeli partner

By Earl John Alfaro

Oct 12, 2024 12:16 am

LISTED energy and water conglomerate Vivant Corp. announced that its unit Vivant Hydrocore Holdings Inc. (VHHI) has decided to exit from its partnership with Israel-based company WaterMatic International Ltd. effective Friday, October 11.

In a disclosure, VHHI said that it would be selling roughly 32 million common shares, or 60-percent interest, in the joint venture (JV) entity, Watermatic Philippines Corp. (WMP), at a price of P1.00 apiece.

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