Ayala, Yuchengco groups merge their education businesses in P15.5B deal

Published by rudy Date posted on October 1, 2018

by Bilyonaryo, Oct 1, 2018

Conglomerates Ayala Corp. and House of Investments are pushing through with the merger of their education units which have a combined student population of over 40,000.

The proposed union of AC Education and iPeople Inc. is subject to the necessary regulatory approvals. The surviving entity, iPeople, is valued at P15.5 billion (around $286 million).

HI will assume a controlling 51.3 percent stake of the combined entity while the Ayalas will hold of 33.5 percent.

To be merged under one roof are Yuchengco’s Mapua University and its subsidiaries Malayan Colleges in Laguna, Malayan Colleges Mindanao, Malayan Science High School in Manila s well as the Ayala Group’s APEC Schools, University of Nueva Caceres in Bicol, and National Teachers College.

20 February –
WORLD DAY OF SOCIAL JUSTICE

“Every day, give everyone their due.
Every day should be Social Justice Day!

The only way”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

 

 
February Observances

1-7 Feb: World Interfaith Harmony Week
01 Feb: World Wetlands Day
02 Feb: International Day of Human Fraternity
04 Feb: International Day of Zero Tolerance
   for Female Genital Mutilation
11 Feb: International Day of Women and Girls
   in Science
20 Feb: World Day of Social Justice

Monthly Observances:
National Health Insurance Month
Weekly Observances:
Week 1: National Awareness Week
for the 
Prevention of Child Sexual Abuse
   and Exploitation 
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Daily Observances:
Feb 1 Constitution Day

 

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