MANILA, Philippines — The healthcare arm of the Ayala Group has expanded its presence in the country’s second-largest metropolis.
On Friday, AC Health announced that it had acquired a majority stake in Cebu Velez General Hospital (CVGH).
This acquisition was made through the Zobel family-led company’s provider arm, Healthway Medical Network, under an agreement with the Velez family.
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https://business.inquirer.net/547995/ayala-acquires-majority-stake-in-cebu-velez-general-hospital