Philippine's Metro Pacific to sell stake in Philippine terminal operator

Metro Pacific Investments

22/10/2024 23:55

Oct 23 (Reuters) - Hong Kong-listed First Pacific
 0142.HK  said on Wednesday that its unit Metro Pacific
Investments Corp  MPCFF.PK  is selling its stake in Philippine
Coastal Storage & Pipeline Corp, an import terminal operator,
valuing it at $296 million.

 (Reporting by John Biju in Bengaluru; Editing by Alan Barona)
 ((John.Biju@thomsonreuters.com))