KKR & Co. Inc. Retains Majority Stake as BCI Acquires Minority Interest in Pinnacle Towers

Reuters
11 hours ago
KKR & Co. Inc. Retains Majority Stake as BCI Acquires Minority Interest in Pinnacle Towers

KKR & Co. Inc., a leading global investment firm, has announced that the British Columbia Investment Management Corporation $(BCI.AU)$ will acquire a minority stake in Pinnacle Towers, an Asia-based digital infrastructure platform primarily focusing on the Philippines. KKR will remain the majority shareholder. This strategic investment aims to support Pinnacle Towers' growth and enhance digital connectivity in the Philippines. The transaction is expected to be completed by the third quarter of 2025, pending customary regulatory approvals. BCI's investment aligns with its strategy of backing high-quality infrastructure assets alongside strong institutional partners, marking a significant milestone in Pinnacle Towers' expansion efforts.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KKR & Co. Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250608594472) on June 09, 2025, and is solely responsible for the information contained therein.

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