Ayala acquires majority stake in Cebu Velez General Hospital

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.

READ: Temasek
https://business.inquirer.net/547995/ayala-acquires-majority-stake-in-cebu-velez-general-hospital

Leave a Reply

Your email address will not be published. Required fields are marked *