Philippines' Ayala explores minority stake sale in healthcare arm at $500m valuation

Philippines' Ayala explores minority stake sale in healthcare arm at $500m valuation

A healthcare professional. Photo by Pixabay

Ayala Corp, the Philippines’ oldest conglomerate, is exploring selling a minority stake in Ayala Healthcare Holdings (AC Health) in a potential deal that could value its healthcare arm at up to $500 million, two people said.