MANILA, Philippines — Grocery chain Makro is making a Philippine comeback with the help of the Ayala conglomerate, which has recently regained appetite for the retailing business.
ACX Holdings Corp., a wholly-owned subsidiary of Ayala Corp., signed on Sept. 24 a partnership deal with Thai company Makro ROH Company Limited (MROH) for the operation of Makro in the Philippines.
https://business.inquirer.net/548873/makro-reentering-philippine-market-backed-by-ayala