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ALI hikes Trinoma stake to 58.53%

12 Dec

Ayala Land Inc. (ALI) said it has purchased 539,249 common shares and 2.27 million preferred shares of Anglo Philippine Holdings Corp. in NTDCC for PHP 738 million, scaling up its shareholdings in North Triangle Depot Commercial Corp. by 9.24% to 58.53% from previous 49.39%.

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This is short of buying out Anglo Philippine Holdings’ entire 15.79%.

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Posted by on December 12, 2014 in ALI, Corporate News, Stock Market

 

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