MANILA, Philippines — The Government Service Insurance System (GSIS) and property giant Ayala Land Inc. are interested in acquiring the Food Terminal Inc. (FTI) in Taguig for P58 billion as the ...

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 ...