CONGLOMERATE Ayala Corp. (AC) has divested its 58.71 percent stake in outsourcing firm Integreon Inc., reducing its exposure in the business process outsourcing (BPO) sector.
In a disclosure to the stock exchange, AC said its wholly owned subsidiary LiveIt Investments Ltd. has divested its 58.71 percent stake in Integreon —a British Virgin Islands (BVI) legal support BPO company—through a business combination transaction with Anchorage Merger Sub Ltd.
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