Mitsubishi Corporation to acquire 50% stake in AC Ventures Holding Corp for a partnership with Ayala Corporation in the Philippines
Mitsubishi Corporation to acquire 50% stake in AC Ventures Holding Corp for a partnership with Ayala Corporation in the Philippines
10/19/24, 6:12 AM
Location
tokyoType
partnership
Mitsubishi Corporation has announced a partnership with Ayala Corporation (AC) and AC Ventures Holding Corp (ACV) in the Philippines. The agreement involves MC acquiring a 50% stake in ACV and pursuing future investment opportunities. Additionally, a memorandum of understanding (MoU) will be signed for a comprehensive collaboration aimed at stimulating economic growth in the country.
Company Info
Location
tokyo, tokyo, japan
Additional Info
Mitsubishi Corporation is a global integrated business enterprise that develops and operates businesses together with its offices and subsidiaries in approximately 90 countries and regions worldwide. Its diverse activities include industrial finance, energy, metals, machinery, chemicals, and living essentials.