TOKYO -- Japanese trading house Mitsui & Co. said Wednesday it has purchased a 21.9 billion-yen ($148 million) stake in Philippine infrastructure giant Metro Pacific Investments Corp. (MPIC), as part of a buyout by a consortium.
Business deals
Mitsui acquires 5.6% stake in Philippines' Metro Pacific in buyout
Infrastructure group to go private after consortium-led tender offer
Metro Pacific Investments Corp. is one of the largest infrastructure groups in the Philippines. (Photo courtesy of Metro Pacific Investments)
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