MPIC buys 51% of Central Luzon Doctors' Hospital

Metro Pacific Investments Corp. bought at 51-percent equity stake in Central Luzon Doctors' Hospital in Tarlac City, a transaction that brought the hospital beds of the Philippine holding firm of Hong Kong's First Pacific Company Ltd. to 2,137. 

 

The 200-bed hospital in Tarlac City is the second hospital Metro Pacific acquired this year and the 8th in its investments in the field including Makati Medical Center, Davao Doctors Hospital, Cardinal Santos Medical Center, Riverside Medical Center, Our Lady of Lourdes Hospital, Asian Hospital, and  De Los Santos Medical Center.

 

Central Luzon Doctors' intends to build a new hospital equipped with hi-tech equipment.

 

The acquisition Tarlac's largest private hospital started in June when Metro Pacific signed a deal to buybuy a 51 percent interest in Central Luzon Doctors' P187 million. – VS, GMA News