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More investors show interest in Pagcor

MANILA, Philippines?A Filipino businessman’s offer to acquire Philippine Amusement and Gaming Corp. (Pagcor) for $10 billion has caught the attention of two groups of investors, the state-run gaming firm said Wednesday. A Hong Kong-based conglomerate engaged in real estate, hotel and casino business has expressed interest in acquiring the gaming firm, Pagcor spokesperson Jay Santiago said. Talk about Pagcor’s privatization has also attracted the group of businessman Willy Ocier, vice chair of property and gaming firm Belle Corp., according to Santiago. ‘We expect that these discussions about the privatization would draw the attention of other investors,’ he said. President Benigno Aquino III…

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More investors show interest in Pagcor

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