Healthcare

KKR buys into Philippine hospitals operator amid Asian healthcare boom

Public investors miss out, at least for the time being, as Metro Pacific Investments shelves its planned $1.6 billion IPO of the fast-growing Metro Pacific Hospitals.

US private equity firm KKR has swooped in to buy a stake in the Philippines’ biggest private hospital chain, Metro Pacific Hospital Holdings, blocking a potential $1.6 billion listing and bolstering its ties with the powerful Salim family.

¬ Haymarket Media Limited. All rights reserved.

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