Global investment firm KKR invests $88.6M in PHINMA Education, with PHINMA Corp. remaining majority shareholder.
Global investment firm KKR has agreed to invest in the education arm of Filipino conglomerate PHINMA Corporation, PHINMA Education. KKR funds, along with existing shareholder Kaizenvest, will invest P4.5 billion in the education group, which provides quality, affordable tertiary education in the Philippines and Indonesia. PHINMA Corporation will remain the majority shareholder in PHINMA Education.
May 22, 2024
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