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Ayala-led Manila Water Co. Inc. announced yesterday that it would not proceed with its plan of acquiring French firm Suez Environnement’s 51-percent stake in Indonesian water utility PT PAM Lyonnaise Jaya (PALYJA).

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JHOEL RAQUEDAN

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Mla Water drops bid for Indon water utility

By Louella Desiderio | July 4, 2013 - 12:00am

Ayala-led Manila Water Co. Inc. announced yesterday that it would not proceed with its plan of acquiring French firm Suez...

Business