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![]() Yi Wei WongFortune |
The company predicted it could spend more than $8 billion this year, roughly $1.5 billion more than an earlier projection, The Information said.
The fund could also be opened to limited partner investors, potentially offering retail investors in Japan and the US a chance to participate.
An Israeli spokesman said its operation in Lebanon was essentially over for now. Hezbollah also said its operation on Sunday had concluded.