Fast Group partners with CVC Capital – The Manila Times
End-to-end logistics company Fast Group announced on Tuesday that it had finalized its partnership with global private equity firm CVC Capital Partners. In a briefing, CVC Capital Partners Managing Director Brice Cu said “we are committing up to P6 billion for this investment for a 40-percent stake. What is interesting is this is all primary capital, so all that money will be used for growing the business. According to him, CVC will support the Fast Group’s continued development and further expansion across the Philippines. “We’ve been working together for over a year now, and the par...
Source: manilatimes.net