JP Morgan to Ayala: Sell smaller units, take property arm private

November 4, 2026 at 1:01 AM (Asia/Manila) 1 min read Source: Philstar Biz

J.P. Morgan has commended Ayala Corp.’s sharper portfolio management under president and CEO Cezar Consing, with the investment banking giant seeing more value being unlocked if the conglomerate sells smaller units upon profit turnaround and takes its listed property arm private.