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Economy 1 MIN READ

BRIEF-Ayala Corp Says Signed Definitive Agreements To Acquire 20% Stake In Yoma Strategic Holdings

March 24, 2022By Reuters
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March 24 (Reuters) – Ayala Corp AC.PS:

  • SIGNED DEFINITIVE AGREEMENTS TO ACQUIRE 20% STAKE IN YOMA STRATEGIC HOLDINGS INC

  • SIGNED DEFINITIVE AGREEMENTS TO ACQUIRE ANOTHER 20% STAKE IN FIRST MYANMAR INVESTMENT PUBLIC CO. LTD

  • TOTAL CONSIDERATION FOR INVESTMENT IS US$237.5 MILLION

Source text for Eikon: ID:nPSX6wFvG8

Further company coverage: AC.PS

This article originally appeared on reuters.com

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