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‘Ayala still supports PPP program’

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Conglomerate Ayala Corp. has no plans of shunning the Aquino administration’s public private partnership program after President Aquino last week ordered a rebid of the Cavite Laguna Expressway deal it expected to win with partner Aboitiz Land Inc., a top official said Monday.

Posted: November 25th, 2014 in Editor's Pick,Headlines | Read More »

Ayala sale weighs down market

The local stock barometer was a tad lower on Thursday, weighed down by a discounted place-out of Ayala Corp. shares.

Posted: November 21st, 2014 in Headlines | Read More »

Ayala Corp. raises $275M from sale of common shares, to invest in power, infra

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Conglomerate Ayala Corp. has raised $275 million in fresh equity from the sale of common shares through a “top-up” private placement, increasing its leeway to expand into the power and infrastructure space.

Posted: November 20th, 2014 in Latest Business Stories | Read More »

Ayala boosts power generation portfolio

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Ayala Corp. will require a total of $1.6 billion in financing to develop large coal power projects in Luzon and Mindanao that will make the conglomerate one of the country’s top power producers, its officials said in a briefing.

Posted: November 18th, 2014 in Editor's Pick,Headlines | Read More »

Ayala Corp. net income up by 35%

Conglomerate Ayala Corp. said net income in the nine months through September rose over a third, with gains led by its property development, telecommunications and water utility business.

Posted: November 14th, 2014 in Headlines | Read More »

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