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Maroc Maroc - FINANCIALPOST.COM - A La Une - 28/Jan 05:18

Philippine Fund to Invest $337 Million in China-Backed Grid Firm

The Philippines’ sovereign wealth fund will acquire a 20% stake in Synergy Grid & Development Phils. Inc. for 19.7 billion pesos ($337 million), giving the government a hand in governing the China-backed power transmission operator.

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