Business NEWS

Ayala Corporation, the country’s oldest conglomerate, reported a 45 percent jump in attributable net income to P7.8 billion in the first quarter of 2022 from P5.4 billion in the same period last year.

Ayala Corporation is giving its shareholders shares of stock of subsidiary AC Energy Corporation (ACEN) worth about P4.5 billion as a property dividend.

Ayala Corporation is seeking the approval of the Securities and Exchange Commission for its planned issuance of up to P15 billion worth of fixed rate bonds as the second tranche of its P30 billion shelf registered debt securities program.

Ayala Corporation will be holding its annual stockholders' meeting this April.

Globe Telecom Inc. on Monday, April 4, closed a joint venture partnership deal with ST Telemedia Global Data Centres (STT GDC) and Ayala Corporation (AC) for a powerhouse data center which translates to a transaction pre-tax gain of P10.5 billion for the telco.

The Villar Group is diversifying into the tollway business with the acquisition of 100 percent of MCX Project Company, Inc. (MCXPCI) from Ayala Corporation for P3.8 billion.

Ayala Corporation, the country’s oldest conglomerate, reported that its net profits rose 62 percent to P27.8 billion last year from the P17.1 billion earned in 2020.

Globe Telecom Inc. has formed a joint venture partnership with ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest growing data center providers, and Ayala Corporation (AC) for an over P18-billion ($350M) data center.

JAZA inducted as Honory Fellow by ICD

The International Finance Corporation has invested $100 million through a private placement of social bonds issued by Ayala Corporation subsidiary AC Health to help the development of the country’s healthcare sector.

Ayala Corporation and the Zobels’ holding firm Mermac Inc. are infusing P17.39 billion worth of real estate into Ayala Land Inc. through a property-for-equity swap.

Ayala Corporation is investing a total of $237.5 million for the acquisition of minority stakes in two firms with extensive business interests in Myanmar: Singapore-listed Yoma Strategic Holdings Inc. (YSH) and First Myanmar Investment Public Co. Ltd. (FMI).

Ayala Corporation’s Active Fund, the country’s largest venture capital fund, joined a team of investors to secure $26 million in Series B venture capital financing for SlashNext, the leader in SaaS-based spear-phishing and human hacking defense across digital channels and apps.

Ayala Corporation announced that the first shipment of Molnupiravir, an oral anti-viral treatment for mild COVID-19, arrived in the country through a partnership between MedEthix, a member of the Ayala Healthcare Holdings, Inc. (AC Health).

Ayala Corporation reported a 70 percent leap in net income to P19.4 billion in the first nine months of the year on improved performance of most of its business units.

AC Logistics Holdings Corp., a wholly owned subsidiary of Ayala Corporation, is acquiring a controlling 60 percent stake in the Air 21 Group from Alberto D. Lina for an undisclosed sum.

Ayala Corporation, one of the largest conglomerates in the country, is committing to achieve net zero greenhouse gas emissions by 2050.

Ayala Corporation and its healthcare arm Ayala Healthcare Holdings, Inc. (AC Health) have donated 1,000 flu vaccine doses to the City of Taguig as part of Brigadang Ayala.