Ayala Land to merge with subsidiaries : vimarsana.com

Property developer Ayala Land Inc. (ALI) on Wednesday said it will merge with 34 of its subsidiaries with ALI as the surviving entity. These firms, ALI said, were either wholly owned directly by Ayala Land or through AyalaLand Estates Inc. and AyalaLand Hotels and Resorts Corp. The plan of merger…

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