Philippines: Ayala Land raising $596m; Threshold of M&A deals fixed at $19.9m

Philippines: Ayala Land raising $596m; Threshold of M&A deals fixed at $19.9m

Ayala Land Inc is raising up to $596.7 million (P30 billion) in the debt market, while the government has maintained the threshold of mergers and acquisition (M&A) deals at $19.9 million (P1 billion).

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