Thursday 18 January 2018
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10 days ago

Ayala, Yuchengco to merge education businesses

The Ayala and Yuchengco groups plan to merge their education businesses, a move that will bring institutions like fast-growing high school operator APEC Schools and private engineering and technical university Mapua University under one roof. Conglomerate Ayala Corp. and the Yuchengcos House of Investments (HI) disclosed to the Philippine Stock Exchange on Monday the execution of a non-binding term sheet for the proposed merger of their their education arms AC Education Inc. and iPeople inc. which have

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