Philippine: KKR and GIC complete Metro Pacific Hospital investment

Makati Medical Center

Global investment firm KKR and Singapore sovereign wealth fund GIC have completed their investments in Metro Pacific Hospital. It is a P35.3bn (US$684m) deal that has, for the moment at least, blocked the US$1.6bn initial public offering of the country’s largest hospital group. “The Philippine healthcare industry is poised for tremendous growth given the increasing…

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