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Investors eye stake in Ayala's AC Health
The Philippine Star
|November 27, 2024
Ayala Corp., the country's oldest conglomerate, is looking to welcome a strategic partner in its healthcare unit.
Ayala chief financial officer Alberto de Larrazabal told The STAR that the group has been approached for the sale of a portion of its stake in AC Health.
"There have been expressions of interest. There are people who approached (us)," he said.
Larrazabal, however, said discussions are "still exploratory at this time."
"I am not at liberty to talk, but nothing firm at this point," he said.
The Ayala executive said there is no particular size of the stake up for sale at this point.
Dit verhaal komt uit de November 27, 2024-editie van The Philippine Star.
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