Ayala Corp. to Repurchase P19.5 Billion in Shares Amid Mitsubishi Tie-up
Ayala Corp., a Philippine conglomerate, announced a P19.5-billion ($330 million) share repurchase program, signaling an expanded partnership with Japan's Mitsubishi Corp. The company plans a voluntary tender offer to acquire up to 30.06 million common shares from public investors.
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