KKR’s Sale of Biggest Philippine Hospital Chain Said to Falter

KKR & Co.’s plan to sell
Metro Pacific Health, the biggest operator of private hospitals in the Philippines, has stalled on valuation differences, according to people with knowledge of the matter.

KKR has been exploring the sale for a while, with people familiar saying in 2024 that it was eyeing a valuation of $3 billion or more. Potential suitors included parent Metro Pacific Investments Corp., which was said to be considering raising its 20% stake. KKR and Singaporean sovereign wealth fund GIC Pteown 80%.

However, a deal hasn’t been reached because the parties couldn’t agree on ...