AC Education Inc., the wholly-owned education arm of Ayala Corp., is selected as the winning bidder in the tender process for the sale of 96-percent shares in National Teachers College. Shown during the signing of the purchase agreement at Ayala Tower One in Makati City are (from left) NTC director Romeo Valte, NTC director and corporate secretary Veronica Fernandez, NTC chairman Rolando de Castro, AC Education president and chief executive Alfredo Ayala and AC Education director Solomon Hermosura.