Market Chatter: KKR Appoints Goldman Sachs for Sale of Stake in Philippine Fintech Maya-February 2024-www.financetom.com

Market Chatter: KKR Appoints Goldman Sachs for Sale of Stake in Philippine Fintech Maya

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Market Chatter: KKR Appoints Goldman Sachs for Sale of Stake in Philippine Fintech Maya

Jan 17, 2025 6:09 AM

08:38 AM EST, 01/17/2025 (MT Newswires) -- KKR (KKR) has appointed Goldman Sachs ( GS ) for the sale of its interest in Maya, a Philippine fintech company, Reuters reported Friday, citing two sources with knowledge of the matter.

KKR has a more than 20% stake in Maya, which could be valued at over $2 billion if the potential sale goes through, the report said, citing one of the sources.

KKR and Goldman Sachs ( GS ) declined to comment, while Maya referred Reuters' request for comment to KKR, according to the report.

KKR and Goldman Sachs ( GS ) didn't immediately respond to requests for comment from MT Newswires, while Maya couldn't be reached for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Previous page： US State Department says visa processing expected to reach pre-pandemic levels in FY 2023 Next page： Oil rises 2% on Russian supply worries; US storm impact in focus

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

US State Department says visa processing expected to reach pre-pandemic levels in FY 2023

Nov 18, 2022

The US visa processing is rebounding faster than projected and is expected to reach prepandemic levels in Fiscal Year 2023, the State Department has said, addressing the growing concern over backlog of visa applications from countries like India.

Oil rises 2% on Russian supply worries; US storm impact in focus

Dec 23, 2022

Brent crude was up by $1.40, or 1.70 percent, to $82.38 a barrel at 1044 GMT, while US West Texas Intermediate (WTI) crude was at $78.98 a barrel, up $1.49, or nearly 2 percent higher. Both contracts were on track to post a second weekly gain.

Don't see any sides surrendering in Russia-Ukraine war, says Thomas Loren Friedman

Dec 8, 2022

Many of global economies are expected to slip into a recession in the next few months. While developing economies like India may not see a recession, growth will certainly take a beating and exports will come under pressure. How can we navigate this uncertain environment? What can businesses do and what will the future look like? CNBC-TV18’s Shereen Bhan spoke to Thomas Loren Friedman, Pulitzer Winning Journalist and Columnist at the New York Times, and Uday Kotak, former CII President and MD and CEO of Kotak Mahindra Bank who are very keen watchers of the world economy.

UK finance minister Jeremy Hunt promises tax increases, spending cuts

Nov 13, 2022

Ahead of Thursday’s Autumn Statement, when he will update Parliament on the government’s budget measures, Jeremy Hunt said he was forced to make “very difficult decisions” in his attempt to curb inflation and put the economy back on an even keel.