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AC Health May Seal Stake Sale to Foreign Investor in May
The Philippine Star
|April 27, 2025
AC Health, the health care arm of the Ayala Group, is looking to seal by next month the sale of a minority stake in the company to a strategic foreign partner.
The move will support the company's aggressive expansion program that will entail as much as P8 billion in investments over the next three years.
AC Health president and CEO Paolo Borromeo told The STAR the company will make a decision by May on the sale of the company's 15 to 20 percent stake to a strategic investor.
Borromeo said negotiations are still ongoing for the value of the sale.
He said AC Health is hoping to make a decision if it will proceed with the deal "in the next month or so," noting that they do not want to drag out the process further since it has been going on for a year now.
"But more importantly is strategically, you'll bring in the right partners that can bring in the expertise," he said.
This story is from the April 27, 2025 edition of The Philippine Star.
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