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Is Zalora Indonesia for sale? Fresh after selling off a chunk of the Philippines business, Rocket denies further Asian withdrawal. Last week, Ayala announced it will buy 43.3 per cent ownership in Zalora manager BF Jade E-Service Philippines for an…
Generika Drugstore is eying aggressive expansion in the country’s far-flung areas – and possibly abroad into Southeast Asia. Generika is country’s third-largest player, half-owned by retail giant Ayala. In 2015 the Ayala group, through its Ayala Healthcare…
The Philippines retail and property conglomerate Ayala Group has bought a 50 per cent interest in local franchised healthcare chain Generika Drugstore. Ayala’s subsidiary Ayala Healthcare Holdings completed the deal, acquiring the stake from the family of…
Philippines retail conglomerate SM says it’s in talks to purchase grocery retailer Cherry Foodarama. In a disclosure to the inventory trade, SM Investments stated the 2 corporations are planning to enter right into a three way partnership, topic to agreeing…
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