New four-year deal with US-based business intelligence services market leader further expands Integreon’s strong presence in the Philippines

Integreon, a leading global provider of integrated legal, research and business solutions, recently announced a multi-year extension to its existing landmark deal with SNL Financial (SNL). SNL is a premier provider of business intelligence and news for the banking, financial services, insurance, real estate, energy, metals/mining, and media/communications industries. Integreon has been providing business services to SNL since May 2012, and the recent expansion of the relationship extends the contract through January 2017.

The partnership will grow SNL’s existing relationship with Integreon in Manila and will further extend Integreon’s position as a market leading provider of business services to demanding professionals. Integreon already employs 400 people in Manila, providing a range of business services, legal services and document services to clients. Integreon’s largest investor, LiveIt Investments, is the BPO investment division of Philippine-based Ayala Corporation and has played a significant role in Integreon’s success in growing its global business, including its Philippine delivery capabilities.

Under the extended agreement, Integreon will help SNL build a team of approximately 300 or more financial research and business support professionals that will be located in dedicated delivery centers in Manila.

Tom Corbitt, Chief Administrative Officer at SNL Financial, said “Integreon has a good understanding of SNL’s client base since they’ve historically provided business critical services to many of the same customers. They’ve proven they can leverage their local knowledge and employer brand in the Manila market to quickly deliver the high caliber talent and physical infrastructure SNL needs to support our growing global client base, particularly as we expand into Asian markets.”

Robert Gogel, Chief Executive Officer, Integreon, said, “SNL is an impressive company with exciting growth plans. We are delighted that our ability to attract talent for them in Manila has led them to choose us for further expansion plans. We look forward to supporting SNL in their growth and delivery of high quality information services over the coming years.”

About Integreon
Integreon is a trusted provider of integrated legal, research and business support solutions to discerning professionals, including law firms and corporate law departments, leading corporations, financial services organisations and professional services firms. Integreon’s 2,000+ associates work globally to support its clients in areas such as market and competitive intelligence, discovery, legal process outsourcing (LPO), operating model transformation and back office redesign. Integreon also excels in business support services such as IT, document processing, finance, and HR. With unrivalled outsourcing experience and its industry-leading onshore and offshore capabilities, clients increasingly rely on Integreon to meet their needs in a demanding business environment. Integreon provides its services to its global client base with delivery capabilities from the US, UK, India, Philippines, South Africa and China. For more information about Integreon’s extensive range of services, please visit

Integreon is a privately held company and is majority owned by LiveIt Investments Ltd. and Actis. LiveIt Investments is the holding company for Ayala Corporation’s investments in Business Process Outsourcing and Knowledge Process Outsourcing. Founded in 1834, Ayala Corporation is the oldest business house and one of the largest conglomerates in the Philippines. Actis is a leading private equity investor in emerging markets with a growing portfolio of investments in Asia, Africa and Latin America. It currently has US$5 billion in funds under management which is managed by more than 100 investment professionals in 10 offices worldwide.

About SNL
SNL Financial is the premier provider of breaking news, financial data and expert analysis on business sectors critical to the global economy: Banking, Insurance, Financial Services, Real Estate, Energy and Media & Communications. SNL’s business intelligence service provides investment professionals, from leading Wall Street institutions to top corporate management, with access to an in-depth electronic database, available online and updated 24/7. For more information about SNL’s extensive offerings, please visit

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Ariella Steinreich


Ayala Corporation announced that it assisted its real estate unit, Ayala Land, Inc. in raising funds through a placement of 399,528,229 common shares at a price of P30.50 per share. The placement was conducted via an overnight bookbuilt offering structured as a top-up placement with all the proceeds to be received by Ayala Land.

The equity placement is expected to raise an aggregate of P12.2 billion in proceeds which Ayala Land intends to use for its next phase of expansion. Ayala Land has set aside P66 billion in planned capital expenditure this year for its various projects.

Ayala Corporation Chairman and CEO Jaime Augusto Zobel de Ayala said: “This second round of equity placement will further provide Ayala Land the flexibility to pursue its growth plans as it continues to build a robust development pipeline moving forward. We are delighted to assist Ayala Land in this transaction and once again encouraged by the support of the investing community.”

As a result of this transaction, Ayala Corporation’s holdings in ALI common shares will be reduced to 49.0% from 50.4% but it will retain voting control at over 70% ownership of the voting shares.

Ayala Corporation’s share price last closed at P586 per share reflecting a 13% increase year-to-date. Ayala Land’s share price has likewise increased by 24% year-to-date, closing at P32.85 per share yesterday.

The above statement is based on the disclosure made on March 6, 2013, to the Philippine Stock Exchange and Securities and Exchange Commission by Ayala Corporation CFO Delfin Gonzalez, Jr.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein (the “Securities”) have not been registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be sold in the United States absent registration or an exemption from registration under the Securities Act. The issuer of the Securities does not intend to register any part of the placement in the United States or to conduct a public offering of the Securities in the United States.