Metro Pacific and GIC to take stake worth $1 bln in Indonesian toll road-operator

Metro Pacific Investments

01/07/2024 10:23

July 1 (Reuters) - Metro Pacific Tollways, an affiliate
of Philippines' Metro Pacific Investments  MPCFF.PK  on Monday
said it will, together with global investment firm, GIC, take up
a 35% stake worth $1 billion in a unit of Indonesian toll road
operator, PT Jasa Marga (Persero)  JSMR.JK . 

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))