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                    [ArticleID] => 305797
                    [Title] => ALI acquires Makati property firm via P588-M share-swap deal
                    [Summary] => Property giant Ayala Land Inc. (ALI) has entered into a property-for-share swap with Crans Montana Property Holdings Corp. in a deal valued at P587.6 million.


In a disclosure to the Philippine Stock Exchange, ALI said it acquired 11.75 million shares in Crans Montana the registered owner of several properties along Sen. Gil Puyat Avenue and Malugay St. in Makati in exchange for the transfer to Mercator Securities Corp. of its 11.04 million shares in Oxbury Realty Corp.


                    [DatePublished] => 2005-11-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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CRANS MONTANA PROPERTY HOLDINGS CORP

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                    [ArticleID] => 305797
                    [Title] => ALI acquires Makati property firm via P588-M share-swap deal
                    [Summary] => Property giant Ayala Land Inc. (ALI) has entered into a property-for-share swap with Crans Montana Property Holdings Corp. in a deal valued at P587.6 million.


In a disclosure to the Philippine Stock Exchange, ALI said it acquired 11.75 million shares in Crans Montana the registered owner of several properties along Sen. Gil Puyat Avenue and Malugay St. in Makati in exchange for the transfer to Mercator Securities Corp. of its 11.04 million shares in Oxbury Realty Corp.


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                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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abtest

ALI acquires Makati property firm via P588-M share-swap deal

By Zinnia B. Dela Peña | November 8, 2005 - 12:00am

Property giant Ayala Land Inc. (ALI) has entered into a property-for-share swap with Crans Montana Property Holdings Corp. in a deal valued at P587.6 million. In a disclosure to the Philippine Stock Exchange, ALI...

Business