Ayala Corp. CEO Consing on Strategic Deal With Mitsubishi

🇺🇸 Bloomberg (US) —

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Ayala Corp's CEO Cezar Consing announced a strategic deal with Mitsubishi involving a $700 million share sale. The company intends to use the proceeds to cut debt and acquire additional shares in undervalued units, aiming for financial strengthening.

Cezar Consing, President and CEO of Ayala Corp., says the company will cut debt and acquire additional shares in undervalued units using proceeds from its $700 million share sale to Mitsubishi. He speaks on "Bloomberg: The China Show." (Source: Bloomberg)

Markets Deals Ayala Corp Mitsubishi share sale debt reduction strategic deal investments corporate finance

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