Philippines: MPIC buys 25% more stake in Beacon Electric for $560.4m

Philippines: MPIC buys 25% more stake in Beacon Electric for $560.4m

Metro Pacific Investments Corp (MPIC), the largest infrastructure investment management and holding company in the Philippines, has bought a 25 per cent stake in Beacon Electric Asset Holdings for $540.4 million (26.2 billion).

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