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Singapore wealth fund GIC invests in Chinese Filipino billionaire's liquor arm

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Singaporean sovereign wealth fund GIC is buying into Emperador Inc., business tycoon Andrew Tan's liquor arm, for P17.6 billion as part of an expansion binge in the global arena. In a disclosure to the Philippine Stock Exchange, Emperador said it signed a definitive purchase agreement with the private equity arm…

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Click here to read the full story: GMA News

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