Conglomerate Ayala Corp. said Friday it is selling its remaining 23.6-percent stake in Manila Water Co. Inc. (MWC) to Trident Water Company Holdings Inc., a subsidiary of Prime Infrastructure Capital Inc., for P14.5 billion.
Ayala and its subsidiaries Michigan Holdings, Inc. and Philwater Holdings Company Inc. signed an agreement with Trident to sell 577.997 million MWC common shares and 872.487 million MWC preferred shares.
“The transactions are aligned with AC’s strategy...
DMCI Holdings Inc. (DMCI) and Semirara Mining and Power Corp. (SMPC) of the Consunji Group were included in the Bloomberg Gender-Equality Index (GEI) for...
