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JG Summit Holdings Inc Plans To MXN50 Billion For Meralco Buy-Reuters


Tuesday, 8 Oct 2013 06:17am EDT 

Reuters reported that JG Summit Holdings Inc plans to raise around MXN50 billion ($1.2 billion) via bank loans and debt issuance to finance its acquisition of 27% of Manila Electric Co (MER.PS), JG Summit President Lance Gokongwei said.