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Metro Pacific, GIC close $1-B Java deal

By Inquirer - 2 months ago
Metro Pacific Tollways Corp. (MPTC), along with partner Singaporean investor GIC, has finalized the $1-billion deal to acquire a 35-percent stake in the company that holds the concession to the 676-kilometer Trans-Java toll road network in Indonesia, expanding its tollway operations overseas. The final closing came about two months after the transaction was initially signed

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