Makro reentering Philippine market, backed by Ayala
MANILA, Philippines — Grocery chain Makro is making a Philippine comeback with the help of the Ayala conglomerate, which has recently regained appetite for the retailing business. ACX Holdings Corp., a wholly-owned subsidiary of Ayala Corp., signed on Sept. 24 a partnership deal with Thai company, Makro ROH Company Limited (MROH) for the operation of Makro