MANILA, Sept 1 (Reuters) - Philippine broadcaster ABS-CBN Corp (ABS.PS), opens new tab said on Thursday it has terminated a deal to acquire a minority stake in local operator TV5 Network Inc, weeks ...
Philippine media company ABS-CBN Corp. has agreed to acquire 35% of free-to-air television company TV5 Network Inc., while selling stakes in its cable television service partly to fund the deal.
The ABS-CBN Corp. Broadcasting Centre logo sits on display at the entrance to their compound in Metro Manila. ABS-CBN Corp.—controlled by tycoon Oscar Lopez—has agreed to buy a stake in rival ...