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Manila Times Business

MVP: ‘Certain issues’ with KKR hounding Maya IPO plan

PLDT Inc. is in talks with private equity firm KKR & Co. to resolve issues involving a planned initial public offering (IPO) of Maya Innovations Holdings Pte. Ltd. “[We’re] still talking with KKR because there are still a few issues with timing and all sorts of things,” said Manuel Pangilinan, chairman of PLDT and Maya. “We are endorsing, we are supporting the IPO. But there are certain issues that we have to overcome with them. It’s not us, it’s them,”

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Source: manilatimes.net

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