Mitsubishi to raise stake in Ayala to 15%
Mitsubishi Corp. will raise its stake in Ayala Corp. to 15% in a deal worth more than $700 million, acquiring shares at 650 Philippine pesos each.
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Mitsubishi boosts stake in Ayala Corp for $709.5 million
Japanese trading house Mitsubishi will increase its economic stake in Philippine conglomerate Ayala Corp to 15% through a 44.5 billion Philippine peso ($709.48 million) deal, aiming to deepen its partnership in the Philippines.
Mitsubishi to raise stake in Ayala Corp to 15%
Mitsubishi (TSE:8058) will increase its economic stake in Ayala Corp (PSE:AC) to 15% via a 44.5 billion Philippine peso ($709.48 million) deal, Ayala said.