PH firm Metro Pacific ups stake in Indonesian toll road operator for $67m

PH firm Metro Pacific ups stake in Indonesian toll road operator for $67m

Photo: Margautama Nusantara website

Philippines-based Metro Pacific Tollways Corporation (MPTC) is acquiring a nearly 25 per cent stake in Indonesian toll road operator Margautama Nusantara (MUN) for 3.44 billion Philippine pesos ($67 million), according to a stock exchange filing.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter