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Private Equity

Kkr, Tencent To Invest Us$175 Million For Minority Stake In Philippine Fintech Firm

by channelnewsasia.com posted 2weeks ago 17 views
MANILA: Private equity firm KKR & Co Inc and Chinese tech giant Tencent Holdings Ltd are acquiring a minority stake in the financial technology arm of Philippines' PLDT Inc, the companies said on Thursday. Philippine consumers, given the proliferation of smartphones, are increasingly subscribing ...

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