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).
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, ...
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