Philippines’ First Gen eyes take-private deal from KKR at P165.44 billion valuation

August 14, 2026 at 09:44 AM

A mandatory offer from KKR KKR.N to buy Philippines-based First Gen Corp FGEN.PS would value it at around P165.44 billion ($2.70 billion), the power producer and its parent First Philippine Holdings FPH.PS said on Thursday. First Gen disclosed on Wednesday that KKR had offered to buy an 8.43% stake in the company from First Philippine. The stake buy would likely trigger a mandatory tender offer […]

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