Ayala Corp. has just inked a deal to sell 50 per cent of its stake in AC Ventures Holding Corp. (ACV) to Japan’s Mitsubishi Corp. for ₱18.4 billion ($322 million) — a transaction that could send GCash ...

The move grants Mitsubishi an indirect 6.5% ownership in Globe Fintech Innovations Inc., or Mynt, the parent company of GCash, the country's leading mobile wallet. The agreement follows Ayala Corp ...

Ayala Corp. and Japan’s Mitsubishi Corp. have finalized an P18.4-billion agreement to sell a half of the Zobel family-led ...

Ayala and Mitsubishi will each own a 50-percent ownership stake in ACV after the transaction. ACV holds a 13-percent stake in Globe Fintech Innovations Inc. (Mynt), the parent of GCash.

Zobel de Ayala clan's diversified conglomerate, Ayala Corporation, has finalized its $320-million deal with Mitsubishi Corporation for the latter's acquisition of a 50% stake in its wholly owned unit, ...

Philippines —Ayala Corp. has finalized an P18.4-billion agreement to sell to Japan’s Mitsubishi Corp. half of the shares held by the Zobels’ venture capital firm in popular e-wallet GCash.

Mitsubishi Corporation will own a 6.5% slice of GCash following the deal MANILA, Philippines – Ayala Corporation (AC) finalized a P18.4-billion deal to sell half of its venture capital firm’s ...

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 ...