Conglomerate Ayala Corp. and Mitsubishi Corp. have executed an investment agreement for the Japanese multinational’s ...

Once the dust settles, Ayala Corp. and Mitsubishi will each hold an equal 50 per cent stake in ACV. Fintech industry watchers expect the deal with give a major power-up for GCash’s future.

The move grants Mitsubishi an indirect 6.5% ownership in Globe Fintech Innovations Inc., or Mynt, the parent company of GCash, the country's leading mobile wallet. The agreement follows Ayala Corp ...

Ayala Corp. and Mitsubishi Corp. finalized their Php18.4 billion deal that sells half of the Zobel’s shares of GCash to the Japanese company. The announcement was made by Ayala in a stock exchange ...

Ayala Corp. and Japan’s Mitsubishi Corp. have finalized an P18.4-billion agreement to sell a half of the Zobel family-led ...

Ayala Corp. has finalized an P18.4-billion agreement to sell to Japan’s Mitsubishi Corp. half of the shares held by the Zobels' venture capital firm in popular ...

Mitsubishi Corporation will own a 6.5% slice of GCash following the deal MANILA, Philippines – Ayala Corporation (AC) finalized a P18.4-billion deal to sell half of its venture capital firm’s ...

AC Ventures Holdings owns a 13% stake in Globe Fintech Innovations Inc., which owns Japan's largest fintech platform GCash. As a result of the deal worth 18.4 billion pesos ($319 million), Mitsubishi ...

Zobel de Ayala clan's diversified conglomerate, Ayala Corporation, has finalized its $320-million deal with Mitsubishi Corporation for the latter's acquisition of a 50% stake in its wholly owned unit, ...