US Edition
BlackRock To Buy 40% Stake In Aboitiz Equity’s Infrastructure Arm
PHILIPPINES, JUL 24 – Global Infrastructure Partners aims to acquire a 40% stake in Aboitiz InfraCapital, signaling strong foreign investor confidence in Philippine infrastructure, one of the largest recent investments.
Summary by Forbes
3 Articles
3 Articles
BlackRock To Buy 40% Stake In Aboitiz Equity’s Infrastructure Arm
Aboitiz Equity—the publicly traded holding company of tycoon Sabin Aboitiz and his family—has been investing in airports and power plants in recent years as the Philippines seeks to modernize the country's infrastructure.
·United States
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BlackRock unit in talks to acquire 40% of Aboitiz InfraCapital
This is expected to be one of the most significant foreign equity investments in Philippine infrastructure in recent years, the group said in a statement, adding that the collaboration “underscores growing global investor confidence in the Philippine market and reinforces the country’s standing as a prime investment destination in Asia. READ: Aboitiz InfraCapital positions the Philippines as a preferred hub for Japanese investments AIC holds a d…
·Manila, Philippines
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Total News Sources3
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
L 33%
C 33%
R 33%
Factuality
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