METRO Pacific Investments Corp. (MPIC) said on Monday that its toll road arm, Metro Pacific Tollways Corp. (MPTC), had agreed to acquire 6.6 billion shares in an Indonesian infrastructure holding company for $132 million.
In a disclosure to the Philippine Stock Exchange, MPIC said MPTC had arrived at an agreement with PT Matahari Kapital Indonesia (PT Matahari) to acquire about 6.6 billion shares of PT Matahari in infrastructure holding company PT Nusantra. The shares are worth an estimated $132 million.
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