METRO Pacific Hospital Holdings Inc., the healthcare holding unit of the conglomerate, Metro Pacific Investments Corp. (MPIC), on Friday said that it has purchased a 93 percent controlling interest in Marikina Valley Medical Center (MVMC) for P933 million.

In a disclosure to the Philippine Stock Exchange, the company said it bought 469,077 shares of MVMC for P2,117.80 apiece, representing approximately 93 percent interest in the hospital, for a total of P933 million.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details