IFC, ADB poised to pour $245M into Maynilad IPO

MANILA, Philippines – Two of the world’s major multilateral institutions may come in as cornerstone investors for the initial public offering (IPO) of Maynilad Water Services Inc. next month, chipping in as much as $245 million combined. In its latest preliminary prospectus, Maynilad said International Finance Corp. (IFC), the private sector arm of the World