Sidley is advising ABC Impact, the Singapore-based, Asia-focused impact investor backed by Temasek Trust and Temasek, on its ~16% strategic investment in Ayala Healthcare Holdings, Inc. (AC Health), the healthcare arm of Ayala Corporation (PSE: AC), one of the Philippines’ most established conglomerates.
The investment marks ABC Impact’s entry into the Philippine healthcare sector and will support AC Health’s vision of transforming health for every Filipino through building a seamless, integrated healthcare ecosystem by fueling its expansion across its core pillars of hospitals, multispecialty clinics, and retail pharmacies. The partnership brings together AC Health’s integrated delivery network and ABC Impact’s thematic investing experience in inclusive healthcare solutions. This investment also deepens the longstanding relationship between the Ayala Group and the Temasek ecosystem, reinforcing their shared commitment to long-term, values-driven growth.
BofA Securities acted as the exclusive financial adviser to AC Health in connection with the transaction. Completion is subject to the satisfaction of customary closing conditions.
The Sidley team is being led by Alun Evans (Singapore), with support from Coco Liu (Hong Kong) and Sarangan Rajesh Kumar (Singapore).
