MANILA: Philippine food maker Monde Nissin Corp is in talks with Singapore state investment fund GIC Pte Ltd and Hong Kong insurer AIA Group Ltd to become cornerstone investors in what could be the country’s biggest-ever initial public offering (IPO), according to people familiar with the matter.
Fidelity International and Capital Group Cos are also in discussions to buy stock in the offering for the Makati-based company, said the people, who asked not to be named as the information is private.
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