Ayala Restructures Energy Business

Ayala Corp.’s (PSE: AC) board of directors approved the restructuring of Ayala’s energy business that will result in the creation of two wholly owned platforms, Renewable Energy and Thermal Energy. The restructuring will be undertaken through the following steps: 1. Creation of a new holding company: AC Renewables Inc. 2. Transfer of renewable assets to […]
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Ayala Breaches Profit Target, Nets PhP22.3B in 2015

Makati—(PHStocks)—Ayala Corp.’s (PSE: AC) net income expanded 20 percent to PhP22.3 billion in 2015, beating its target a year earlier than planned. This was primarily driven by the solid performance of its real estate and telecommunications businesses and lifted by contributions from its power generation unit. Excluding capital gains primarily from the partial sale of […]
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Ayala Acquires 50% Stake in Generika

Makati—(PHStocks)—The Ayala group is entering the affordable retail healthcare space with the acquisition of a 50 percent stake in the Generika group, one of the pioneers in the retail distribution of quality generic medicines in the country with over 500 stores nationwide. Ayala Healthcare Holdings Inc., a wholly owned subsidiary of Ayala Corp. (PSE: AC), […]
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CII, Ayala to Invest in VinaPhil

Makati—(PHStocks)—Ho Chi Minh City Infrastructure Investment JSC (CII) and Ayala Corporation (PSE: AC) have entered into an agreement to jointly invest in VinaPhil Technical Infrastructure Investment JSC (VinaPhil), a corporation established under Vietnam law to invest in infrastructure projects in Vietnam. VinaPhil will be initially 49%-owned by Ayala with the remainder owned by CII and […]
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