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KRR eyeing MPIC as infra partner in PH

KKR & Co. Inc., a global investment firm, is interested to invest in infrastructure in the Philippines through a possible partnership with Metro Pacific Investments Corp., according to MPIC chairman Manuel Pangilinan. 

“They (KKR) are a private equity fund, they invest in quite a lot of companies around the world. Henry Kravis (KKR founder) was here last week, he was quite interested in what First Pacific is doing in the region, in Australia and Indonesia and, of course, here in the Philippines,” Pangilinan said. 

“We talked about that and I think they are interested, once this (KKR investment in Voyager Innovations Inc.) closes to take a look at other opportunities,” he added.

When asked if KKR was considering to invest in Metro Pacific, Pangilinan said “that’s what they suggested, but nothing definite. I don’t want to suggest that we have agreed.” 

Metro Pacific has interests in toll road, rail, power, water and electricity distribution and health care.

Last week, KKR and and China’s leading internet service provider Tencent Holdings Ltd. announced their investment in Voyager Innovations Inc. for $175 million.

Topics: KKR & Co. Inc. , infrastructure , Metro Pacific Investments Corp. , MPIC , Manuel Pangilinan
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