Ayala and Mitsubishi Execute the Investment Agreement for Mitsubishi’s Investment in AC Ventures

On March 31, 2025, Ayala Corporation (AC), AC Ventures Holding Corp. (ACV), and Mitsubishi Corporation (MC) signed the Investment Agreement for MC’s subscription to 18,033,946 common and redeemable preferred shares of ACV for a subscription price of at least P18.4 billion.

ACV shall use the subscription proceeds to redeem AC’s redeemable preferred shares in ACV and cover related costs. After the transactions, AC and MC shall each own a 50% ownership stake in ACV.

MC’s investment will only be completed after satisfaction of conditions precedent (including the approval by the Securities and Exchange Commission of the amendment of the articles of incorporation of ACV and the approval or deemed approval of the Philippine Competition Commission).

​On March 31, 2025, AC amended its disclosure dated October 18, 2024 to reflect the signing of the definitive agreement for the transaction.

On October 18, 2024, AC amended its initial disclosure dated October 17, 2024 to reflect the execution of the binding term sheet with MC and to provide additional details.

You may read related article here: ​Ayala Corporation to Sell 50% of ACV's Stake to Mitsubishi Corporation for P18.4 Billion