ayala group

Retail Asia28/02/2017

Is Zalora Indonesia for sale? Fresh after selling off a chunk of the Philippines business, Rocket denies further Asian withdrawal. Last week, Ayala announced it will buy 43.3 per cent ownership in Zalora manager BF Jade E-Service Philippines for an undisclosed amount, taking its ownership to 49 per cent. The investment marks Ayala’s first foray […]

Retail Asia27/04/2016

Generika Drugstore is eying aggressive expansion in the country’s far-flung areas – and possibly abroad into Southeast Asia. Generika is country’s third-largest player, half-owned by retail giant Ayala. In 2015 the Ayala group, through its Ayala Healthcare Holdings Inc., acquired 50 per cent of the pharmacy business from cofounder, Frenchman Julien Bello. Teodoro Ferrer, president […]

Retail Asia23/07/2015

The Philippines retail and property conglomerate Ayala Group has bought a 50 per cent interest in local franchised healthcare chain Generika Drugstore. Ayala’s subsidiary Ayala Healthcare Holdings completed the deal, acquiring the stake from the family of Julien Bello. The chain has more than 500 stores across the Philippines. Co-founder Teodoro Ferrer, and the Bello […]

Retail Asia15/06/2015

Philippines retail conglomerate SM says it’s in talks to purchase grocery retailer Cherry Foodarama. In a disclosure to the inventory trade, SM Investments stated the 2 corporations are planning to enter right into a three way partnership, topic to agreeing on phrases. SM additionally operates in a JV association with Waltermart and rival retail big […]

Tag: ayala group

Zalora Indonesia future under a cloud

Generika Drugstore eyes aggressive local, overseas expansion

Ayala snaps up drug store stake

SM in bid for Cherry Foodarama