Business & Finance
Philippines’ Ayala to Cut Debt After $761 Million Mitsubishi Deal
Key Points
Ayala Corp. plans to use proceeds from Mitsubishi Corp.’s $700 million investment to cut debt, buy undervalued shares and fund growth to lift investor returns, its president said.
Ayala Corp. plans to use proceeds from Mitsubishi Corp.’s $700 million investment to cut debt, buy undervalued shares and fund growth to lift investor returns, its president said.