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MPIC unloads stake in jet fuel terminal

By Inquirer - 4 weeks ago
Metro Pacific Investments Corp. (MPIC) will divest its 50-percent stake in the country’s largest jet fuel import terminal, potentially unlocking around $148 million in fresh capital as it sharpens its focus on other businesses. The company led by billionaire Manuel Pangilinan said in a statement on Wednesday it would sell its shareholding in Philippine Coastal

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