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Business 11 May 2021 | 7:00 AM

Monde Nissin attracts GIC, Fidelity to US$1bil IPO

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.