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Ayala sells stake in German auto parts maker to Callista - Vimarsana News

Ayala sells stake in German auto parts maker to Callista

Ayala Corp. on Tuesday said it has divested its majority stake in a German auto parts maker, as the company said it will focus on its core businesses of real estate, banking, power and telecommunications. In its disclosure, the company said it sold its 92.45-percent stake in MT Technologies GmbH…