17 Dec 2021

Ayala Land, Inc. (ALI)’s merger with four subsidiaries/affiliates

Partners Norma Margarita (Norge) Patacsil and Andrea Katipunan from Gatmaytan Yap Patacsil Gutierrez & Protacio (C&G Law) are acting for Ayala Land, Inc. (ALI) in ALI’s merger with four of its subsidiaries/affiliates.  ALI has a market capitalisation of more than USD10 billion and is the largest land developer in the Philippines. The merger involves two publicly listed companies (including ALI, the surviving entity) and was recently approved by the Securities and Exchange Commission.