Ayala Land, Inc. agreed to acquire Multiple assets of Ayala Corporation (AC) and Mermac, Inc. for PHP 9.7 billion on January 10, 2023. Properties include; AC's 50% ownership in Ayala Hotels, Inc. (AHI), AC's 100% ownership in Darong Agricultural and Development Corp, AC and Mermac's office units and parking slots at Tower One 32nd to 35th floors, AC's Honda Pasig Property and AC's Calauan Property. Transaction has been approved by Ayala Land's board.

Ayala Land, Inc. completed the acquisition of Multiple assets of Ayala Corporation and Mermac, Inc. on January 12, 2023.