Monday 13 October 2025
Home      All news      Contact us      RSS      Indonesia
bworldonline.com - 6 month ago

Mitsubishi signs P18.4-B deal with Ayala Corp. for indirect GCash stake

AYALA CORP. has signed an agreement to sell 50% of its stake in AC Ventures Holding Corp. (ACV) to Japan’s Mitsubishi Corp. for at least P18.4 billion, a transaction that could increase the valuation of GCash ahead of its planned public listing. The two companies signed the investment agreement on March 31, Ayala Corp. said [ ]


Latest News
Hashtags:   

Mitsubishi

 | 

signs

 | 

Ayala

 | 

indirect

 | 

GCash

 | 

stake

 | 

Sources