The move grants Mitsubishi an indirect 6.5% ownership in Globe Fintech Innovations Inc., or Mynt, the parent company of GCash ...
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.
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Philstar.com on MSNAyala seals GCash investment deal with Mitsubishi for P18.4 billionConglomerate Ayala Corp. and Mitsubishi Corp. have executed an investment agreement for the Japanese multinational’s ...
Ayala Corp and Mitsubishi Corp have signed a deal that will raise the Japanese firm's stake in fintech giant GCash.
Ayala Corp. has finalized an P18.4-billion agreement to sell to Japan’s Mitsubishi Corp. half of the shares held by the ...
AYALA CORP. has signed an agreement to sell 50% of its stake in AC Ventures Holding Corp. (ACV) to Japan’s Mitsubishi Corp. for at least P18.4 billion, a transaction that could increase the valuation ...
AYALA Corp. (AC) on Wednesday said that it had sealed a deal with Japan's Mitsubishi Corp. where the latter would be taking a 50-percent stake in subsidiary AC Ventures Holding Corp., which owns the ...
Conglomerate Ayala Corp. said Wednesday it completed the sale of its 50-percent stake in AC Ventures Holding Corp. (ACV) to ...
AYALA Corp. (AC) on Wednesday said that it had sealed a deal with Japan's Mitsubishi Corp. where the latter would be taking a 50-percent stake in subsidiary AC Ventures Holding Corp., which owns the ...
Mynt is the parent company of popular finance super app and mobile wallet GCash (operated by G-Xchange Inc.) and fintech micro-lender Fuse Lending. In investing in AC Ventures, Mitsubishi cited in ...
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