The acquisition of KonsultaMD was formalized on Tuesday, mWell said in an e-mail statement. The value of the deal was not specified. KonsultaMD is a telehealth platform of Globe’s corporate venture builder 917Ventures under the Ayala group, while mWell is the digital healthcare arm of Metro Pacific Investments Corp. (MPIC). “Progress for any country depends on a healthy citizenry. This agreement represents a giant step forward towards real, immediate, and reliable care for our countrymen,” mWell Chairman and MPIC Manuel V. Pangilinan said. KonsultaMD will continue to keep its brand and operate under MPIC and mWell management in the interim following the acquisition, ensuring continued access to key services while enhancing healthcare delivery.
