ALI raises P2.8B via placement of AREIT shares




LISTED property developer Ayala Land, Inc. (ALI) has raised P2.78 billion by selling 75 million shares of AREIT, Inc., its real estate investment trust, at P37 per share. The sale was made through a placement agreement with BPI Capital Corp., the investment banking arm of Bank of the Philippine Islands, and UBS AG Singapore Branch, […]



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