Ayala Corp aims to raise $1 billion from sale of non-core assets | ABS-CBN
ADVERTISEMENT
Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!
Ayala Corp aims to raise $1 billion from sale of non-core assets
Ayala Corp aims to raise $1 billion from sale of non-core assets
ABS-CBN News
Published May 31, 2023 10:09 AM PHT
|
Updated May 31, 2023 11:23 AM PHT
MANILA — Ayala Corp said on Wednesday it aims to raise $1 billion from non-core assets this year.
MANILA — Ayala Corp said on Wednesday it aims to raise $1 billion from non-core assets this year.
"Ayala confirms that it targets to raise $1 billion from the sale of non-core assets," it said in a disclosure to the stock exchange.
"Ayala confirms that it targets to raise $1 billion from the sale of non-core assets," it said in a disclosure to the stock exchange.
The conglomerate did not further elaborate on the specific assets for sale.
The conglomerate did not further elaborate on the specific assets for sale.
Additionally, Ayala Corp also said it remains "opportunistic" in Light Rail Manila Corp and "may or may not divest its stake."
Additionally, Ayala Corp also said it remains "opportunistic" in Light Rail Manila Corp and "may or may not divest its stake."
ADVERTISEMENT
LRMC operates the LRT-1.
LRMC operates the LRT-1.
FROM THE ARCHIVES
FROM THE ARCHIVES
ADVERTISEMENT
ADVERTISEMENT
