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Aboitiz group boosting nonpower businesses

By Inquirer - 7 months ago
MANILA, Philippines — Aboitiz family-led conglomerate Aboitiz Equity Ventures (AEV) is eyeing to strengthen its nonpower business through its recent acquisitions, hoping to achieve a balance among its units. AEV chief financial officer Jose Emmanuel Hilado said they aimed to have at least 50 percent of the group’s earnings before interest, taxes, depreciation, and amortization

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