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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

GIC reduces stake in Pepsi-Cola Products Philippines to below 5pct

Posted on 09 June 2010

From Channelnewsasia.com: The Government Investment Corporation of Singapore (GIC) has reduced its stake in the Manila-listed drinks bottler, Pepsi-Cola Products Philippines.
Pepsi Philippines disclosed this in a filing to the Philippine Stock Exchange. GIC cut its stake over March and April, selling some 36 million shares to bring its stake from almost 6 per cent to 4.9 per cent………………………………………..Full Article: Source

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