KKR Weighing Stake Sale in Biggest Philippine Hospital Firm, Sources Say
- Seeking advisers for possible Metro Pacific Health stake sale
- KKR could aim for valuation of at least $3 billion for company
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KKR & Co. is exploring a possible sale of its stake in Metro Pacific Health, the biggest private hospital operator in the Philippines, according to people with knowledge of the matter.
The private equity firm is seeking financial advisers to help prepare a potential sale of its stake in the health-care services provider, the people said, asking not to be identified because the deliberations are private. New York-listed KKR could seek a valuation of at least $3 billion for the company, the people said.