Category: Investment
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GIP to Acquire 40% stake in MCIA Owner Aboitiz InfraCapital
Global Infrastructure Partners (GIP), an infrastructure investment unit of BlackRock, is in advanced talks to acquire a 40% stake in Aboitiz InfraCapital (AIC), the infrastructure arm of Aboitiz Equity Ventures Inc (AEV), according to a disclosure. The planned transaction, subject to due diligence and regulatory approvals, marks one of the largest foreign equity investments in…
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