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Ayala sells Mynt stake to Mitsubishi
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.
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).
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
Ayala to sell half of GCash stake to Mitsubishi for P18.4 billion
Ayala Corp. is selling half of its stake in popular e-wallet GCash to Japan’s Mitsubishi Corp. for at least P18.4 billion. As a result, Mitsubishi will own 50 percent of AC Ventures Holdings Corp ., which in turn owns 13 percent of Mynt,
Ayala to sell 50 pct stake in GCash parent to Japan's Mitsubishi
Ayala Corporation said Friday it was selling a portion of its stake in the parent company of fintech giant GCash to Japan's Mitsubishi Corporation. In a statement, Ayala said it was selling 50 percent of AC Ventures Holding Corporation to Mitsubishi for P18.
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 in a deal with Japan’s Mitsubishi Corp. In a stock exchange filing on Friday,
manilatimes
13d
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.
3d
on MSN
Mitsubishi buys stake in Philippine's top fintech platform
Learn about the latest trends in personal finance, investing, and budgeting in our informative article written by a financial ...
Bloomberg L.P.
4d
Mitsubishi Buys Into Top Philippine Fintech for $319 Million
Mitsubishi
Corp
. will pay 18.4 billion pesos ($319 million) to buy half of a Philippine company that owns a stake in the ...
Inquirer on MSN
13d
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 ...
BusinessMirror
6d
Ayala Corp. lists P15-billion preferred shares
Ayala Corp. on Tuesday listed P15 billion in preferred shares on the Philippine Stock Exchange (PSE). The company said it sold the shares, the re-issuance of 7.5 million in perpetual preferred shares, ...
malaymail
3d
Mitsubishi pours US$320m to buy half of fintech unicorn Mynt, predicts Philippine economic growth to top Asean neighbours
Japanese giant Mitsubishi Corp. said on Friday it is investing US$320 million in Philippine fintech unicorn Mynt, buying half ...
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