ACX deepens alliance with Thailand’s CP Axtra to drive new ventures and cross-market growth
ACX Holdings Corporation, the retail arm of Ayala Corporation, has expanded its strategic partnership with Thailand’s CP Axtra, the powerhouse behind Makro and Lotus’s, through a new memorandum of understanding signed on November 13. The agreement positions both groups to jointly develop new businesses and explore co-investment opportunities across the Philippines and Thailand. The strengthened…