Nearly a year after announcing its plans, First BanCorp. announced the completion of its acquisition of Santander BanCorp in Puerto Rico. In connection with the acquisition, Santander BanCorp and Banco Santander will be merged into FirstBank, with FirstBank being the surviving entity, officials said. In July, First BanCorp. got the regulatory go-ahead to complete its […]
The Federal Aviation Administration announced the assignment of infrastructure grants that represent a combined $14.5 million for upgrades to three Puerto Rico airports. The Luis Muñoz Marín International Airport will receive $6 million, the Benjamin Rivera Noriega Airport will receive $7.3 million, and the José Aponte de la Torre Airport will get a little more […]
Solid waste management company EC Waste, announced the acquisition of Republic Services de Puerto Rico, a subsidiary of Republic Services Inc., as well as the integration of its employees, management, client portfolio and landfills in Ponce and Salinas, as of Sept 1. The financial terms of the transaction were undisclosed. “The acquisition of Republic Services […]
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