Phinma unit acquires majority stake in Southeastern Colleges 

MANILA, Philippines – Conglomerate Phinma Corp.’s education arm has acquired a controlling stake in Southeastern Colleges Inc. for P690 million, expanding its school network in southern Metro Manila and nearby provinces. In a disclosure on Monday, the company led by Ramon del Rosario Jr.  said Phinma Education Holdings Inc. purchased 64,834 shares, equivalent to an