PH Digest: Navegar exiting Royale Cold Storage; Pinnacle selling minority stake

PH Digest: Navegar exiting Royale Cold Storage; Pinnacle selling minority stake

Manila, Philippines. Photo by JC Gellidon on Unsplash.

Navegar, a Philippines-based private equity firm, is reportedly exiting local cold chain logistics company Royale Cold Storage while KKR-backed Pinnacle Towers is said to be selling a minority stake.

Edited by: Padma Priya