Philippines: Metro Pacific Hospitals files for IPO

Augusto Palisoc, president, Metro Pacific Hospitals

After abandoning plans to float in May, the long-awaited IPO of Metro Pacific Hospitals, the healthcare unit of industrial conglomerate Metro Pacific Investments, is back on. Last week, the country’s largest hospital chain filed a draft prospectus with the Securities and Exchange Commission for an IPO of up to Ps76bn (US$1.5bn). The sale is part…

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