IndiaAIFounders — Mitsubishi to triple stake in Ayala in P44.5 billion Philippines push

Mitsubishi to triple stake in Ayala in P44.5 billion Philippines push

September 21, 2026 at 11:00 PM

Mitsubishi Corp 8058.T will more than triple its stake in Ayala Corp AC.PS to 15% in a P44.5 billion ($709.48 million) deal, the Philippine conglomerate said on Monday, deepening the Japanese firm’s footprint in the country. At P650 per share, the deal values Ayala at about P403.27 billion, representing a nearly 22% premium to its last closing price. The Japanese trading house, which currently holds a stake of 4.7% according to […]

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