PHILIPPINES PRESS-GT Capital buys 40 pct stake in Toyota Financial - Inquirer

Mon Sep 1, 2014 9:04pm EDT

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Conglomerate GT Capital Holdings Inc is buying a 40 percent stake in Toyota Financial Services Philippines Corp from the group's banking arms Metropolitan Bank and Trust Co and Philippine Savings Bank for 2.1 billion pesos ($48.3 million), the Philippine Daily Inquirer newspaper reported. (


NOTE: Reuters has not verified this story and does not vouch for its accuracy. ($1 = 43.4810 Philippine peso) (Compiled by Manila Newsroom; Editing by Anand Basu)