Earlier today, a news article claimed that the Aboitiz Group had acquired a majority stake in AirAsia Philippines, a low-cost carrier. However, the Aboitiz Group has promptly issued a statement denying the accuracy of this information.

The statement clarified that the news article is not true and accurate, and the Aboitiz Group is currently in the process of verifying the sources that led to the publication of the article. They have also requested the news outlet to take down the article.

The Aboitiz Group emphasizes that any significant developments related to their company will be communicated and disclosed directly through official channels. They assure their stakeholders and the public that they are actively working to clarify the matter.

This clarification comes as a reassurance to those who may have been concerned or confused by the initial news report.