March 2 (Reuters) – AYALA CORP AC.PS:
ANNOUNCED FORMATION OF A JOINT VENTURE PARTNERSHIP WITH ST TELEMEDIA GLOBAL DATA CENTRES
JV FOR DEVELOPMENT, CONSTRUCTION AND OPERATION OF DATA CENTER PROJECTS IN PHILIPPINES
UNDER DEAL, BOTH STT GDC AND CO SHALL SUBSCRIBE TO NEW SHARES IN KARMANEDGE, INC, UNIT OF GLOBE
TRANSACTION IS EXPECTED TO BE COMPLETED IN Q1 2022
GLOBE WILL RECEIVE PROCEEDS OF US$100 MILLION FROM THE TRANSACTION
Source text for Eikon: ID:nPSX4Sl9rQ
Further company coverage: AC.PS
This article originally appeared on reuters.com
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