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Metro Pacific unit, Axelum close deal on ₱5.32-B stake - Vimarsana News

Metro Pacific unit, Axelum close deal on ₱5.32-B stake

Conglomerate Metro Pacific Investments Corp. (MPIC), through its wholly-owned subsidiary Metro Pacific Agro Ventures Inc. (MPAV), has closed the deal to acquire a strategic stake in coconut products producer Axelum Resources Corp. Axelum disclosed to the Philippine Stock Exchange that it has sealed the P5.32-billion deal for MPAV to acquire…