Ayala, one of Asia’s oldest conglomerates, wants to keep itself together. Its CEO explains why
Ayala CEO Cezar Consing explains why the 192-year-old Philippine conglomerate is staying together—and demanding more from its businesses.
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# Ayala Conglomerate Maintains Integrated Structure Despite Breakup Pressures Ayala, the 192-year-old Philippine conglomerate, is resisting shareholder pressures to break apart its diversified portfolio, with CEO Cezar Consing asserting that the company can generate greater value by maintaining its integrated structure and imposing stricter performance demands on its operating units. The CEO's stance suggests Ayala believes its conglomerate model—despite historical investor skepticism toward multi-sector holding companies—provides synergistic advantages that
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