Ayala Education Unit to Merge with iPeople

Ayala Corp. (PSE: AC), AC Education Inc., House of Investments Inc. (PSE: HI), and iPeople inc. (PSE: IPO) signed the definitive agreements for the merger of AC Education with iPeople. The merger, which shall be completed as a statutory merger in accordance with Philippine law, shall be subject to the approval of the stockholders of […]
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Ayala Proposes Merger of AC Education with iPeople

iPeople Inc. (PSE: IPO), the listed holding company for the education sector of House of Investments Inc. (PSE: HI), a member of the Yuchengco Group of Companies, and AC Education Inc. (AEI), the wholly-owned education arm of Ayala Corp. (PSE: AC), have executed a Non-Binding term sheet for their potential merger. Under the Non-Binding term […]
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