Listed Metro Pacific Investments Corp. (MPIC) has signed a P35.3-billion investment agreement with global investment firm KKR & Co. and Singapore-based GIC Private Ltd. to boost the operations of its hospital unit.
In a disclosure on Tuesday, MPIC said that the KKR-led consortium would be subscribing to 41.37 million common shares, representing a 6.25-precent stake, for a total of P5.2 billion.
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