Mitsubishi acquires half of Ayala's stake in fintech unicorn Mynt
Philippine conglomerate Ayala Corp is selling half of its stake in Mynt, the fintech unicorn which operates e-wallet brand GCash, to Japan's Mitsubishi Corp for a minimum of 18.4 billion pesos ($318.89 million),
Philippines’ Zobels Sell Fintech Stake To Mitsubishi For $318 Million
Ayala Corp. will be paid 18.4 billion pesos ($318 million) for half of a company that holds a minority stake in the Philippines’ most popular mobile e-wallet, GCash.
Mitsubishi buys stake in Philippine's top fintech platform
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Mitsubishi buying 6.5% stake in GCash for P18.4 billion
Conglomerate Ayala Corp. agreed to sell 50 percent of AC Ventures Holding Corp. (ACV) to Japan’s Mitsubishi Corp. for at least P18.4 billion. The deal
Mitsubishi To Buy 50% Stake In Ayala Unit, Shareholder Of Mynt In Philippines
Japanese conglomerate Mitsubishi Corp. (MBC.L, MSBHY.PK) announced that it has agreed with Philippine conglomerate Ayala Corp. to
Mitsubishi Corp. To Buy 50% Stake In Ayala Unit, Shareholder Of Mynt In Philippines
Japanese conglomerate Mitsubishi Corp. (MBC.L, MSBHY.PK) announced that it has agreed with Philippine conglomerate Ayala Corp. to acquire a 50 percent stake in AC Ventures Holding
Mitsubishi Buys Stake in Ant-Backed Fintech Unicorn Mynt
Ayala-owned ACV currently has a 13% stake in Mynt, the fintech company which operates e-wallet brand GCash. "Mitsubishi, Japan's largest trading company, can help Mynt grow overseas and within its own significant Japan-based ecosystem,
Mitsubishi to invest $320M in Philippine fintech unicorn Mynt
Japanese giant Mitsubishi Corp. said on Friday it is investing $320 million in Philippine fintech unicorn Mynt, buying half of Manila-based conglomerate Ayala's stake in the financial services company.
Inquirer on MSN3d
Ayala to sell 50% stake in GCash for P18 billion
Zobel family-led Ayala Corp. will get at least P18.4 billion from selling half of its shareholding in popular e-wallet GCash ...
manilatimes13d
Ayala Corp. signs $200 million credit facility with Metrobank
AYALA Corp. has secured a senior long-term loan facility amounting to $200 million from Metropolitan Bank & Trust Co.
philstar.com4d
Ayala Corp sells P8B stake in GCash parent to Mitsubishi
According to a report by InsiderPH, Ayala Corp. is selling half of its stake in AC Ventures to Mitsubishi for P18 billion, in a deal that values GCash at approximately P288 billion (~$5 billion).
BusinessWorld6d
Ayala Corp. scaling new ventures
AYALA Corp. is scaling its newer businesses in healthcare, logistics, infrastructure, education, financial technology, and electric mobility, leveraging its fundraising ability, according to its ...
Inquirer on MSN13d
Metrobank adds $200M to Ayala credit
Ayala Corp. obtained $200 million in fresh credit from Metropolitan Bank & Trust Co. (Metrobank), funds from which will be ...