(Bloomberg) — Mitsubishi Corp. will pay 18.4 billion pesos ($319 million) to buy half of a Philippine company that owns a stake in the nation’s biggest fintech platform GCash.

Philippine conglomerate Ayala Corp is selling half of its stake in Mynt, the fintech unicorn which operates e-wallet brand GCash, to Japan's Mitsubishi Corp for a minimum of 18.4 billion pesos ($318.89 million), it said on Friday.The Japanese conglomerate will acquire the stake by buying 50 per cent of Ay

Rheos Capital Works Inc. lifted its stake in Eaton Co. plc (NYSE:ETN – Free Report) by 233.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,000 shares of the industrial products company’s stock after buying an additional 35,000 shares during the […]

Rheos Capital Works Inc. grew its position in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) by 34.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,500 shares of the technology company’s stock after acquiring an additional 7,000 shares […]

Rheos Capital Works Inc. decreased its holdings in QUALCOMM Incorporated (NASDAQ:QCOM – Free Report) by 50.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 249,400 shares of the wireless technology company’s stock after selling 250,000 shares during the quarter. QUALCOMM accounts for about 2.2% […]

Ayala Corp. will be paid 18.4 billion pesos ($318 million) for half of a company that holds a minority stake in the Philippines’ most popular mobile e-wallet, GCash.