MANILA, Philippines — Global logistics and transportation giant AP Moller Capital has raised its stake in the Philippines via the Ayala Group, which is selling 40 percent of its 4-year-old ...

Philippine conglomerate Ayala Corp. will sell a 40% stake in its logistics arm to Denmark-based A.P. Moller Capital, which has an option to acquire more shares as the new partners aim to lead the ...

MANILA, Philippines — Ayala Corp. will sell 40 percent of its four-year-old logistics arm to Danish transportation and logistics giant AP Moller to help the company scale operations amid growing ...