Categorized | News, Stocks

Ayala Land and Puregold Partnership





ayala-land-puregold-partnership

It was recently announced that Ayala Land Inc. (ALI) has a joint-venture with Puregold Price Club Inc. (PGOLD) to create a new brand of mid-market grocery stores.

Current Price of ALI and PGOLD as of 12nn, July 9, 2013
ALI – P28.85/share
PGOLD – P35.05/share

I think Puregold will benefit more from this partnership since this will help them expand more and help solidify their market share for Grocery Stores/Supermarkets specially against SM. Read Puregold vs SM

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