ACO Investment to bet $700m on Myanmar
New York-based ACO Investment Group, a firm founded by former United Airlines president Rononjoy Dutta and former Credit Suisse banker Hari Achuthan, says it will invest $700 million in Myanmar.
The firm will commit $200 million to Yangon International Airport and make a $500 million bid for two telecommunications licenses as part of its new global infrastructure fund, Achuthan told Bloomberg....
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