AC Industrial Technology Holdings, Inc., a wholly-owned subsidiary of conglomerate Ayala Corp., said on Monday it has acquired a 94.9 percent stake of German-based automotive supplier MT Misslbeck Technologies GmbH for 26.8 million euros (P1.49 billion).
The acquisition was made through AC Industrials (Singapore) Pte. Ltd., and will be subject to completion conditions and regulatory approval.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.