BRIEF-Ayala Corp To Buy 20% Stake In Yoma Strategic Holdings, First Myanmar Investment Public Each

Dec 3 (Reuters) - Ayala Corp:

* AYALA CORP - TO ACQUIRE A 20% STAKE IN YOMA STRATEGIC HOLDINGS INC, AND ANOTHER 20% STAKE IN FIRST MYANMAR INVESTMENT PUBLIC CO. LTD

* AYALA CORP - TOTAL CONSIDERATION FOR THE INVESTMENT IS US$237.5 MILLION

* AYALA CORP - INVESTMENT IN YOMA STRATEGIC HOLDINGS TOTALS US$155 MILLION

* AYALA CORP - THE INVESTMENT IN FIRST MYANMAR INVESTMENT PUBLIC WILL BE VIA A US$82.5 MILLION CONVERTIBLE LOAN Source text https://reut.rs/2LgyywC Further company coverage: