First Gen ‘ripe’ for delisting amid KKR buyout offer

MANILA, Philippines — United States-based equity firm Kohlberg Kravis Roberts & Co. (KKR) made an offer to hike its stake in Lopez-led First Gen Corp., a move that should be “seriously” considered, as this could open doors for the energy giant to finally go private, an analyst said. Juan Paolo Colet, managing director at investment