Monday 16 July
Powered by Ajaxy
Nov 22, 2017 @ 22:24

Philippine Daily Inquirer buyout a done deal – RSA

 

“It’s a done deal,” said bilyonaryo Ramon S. Ang when asked about his planned purchase of the Philippine Daily Inquirer.

Ang did not divulge details of the deal.

He said it was only just a matter of time for the transaction to be completed.

Ang said they are in the process of completing documents for regulatory filing.

The Prieto family announced last July it was selling its 85 percent stake in the Inquirer Group of Companies, which include tabloid newspapers and a radio station, to Ang.

Tags: , , , , , , ,

Related Stories
Bilyonaryo George S.K. Ty has been quietly transferring some of his holdings to his children.
The Philippine Competition Commission (PCC) announced on Monday that it has finally approved the transaction
The retail arm of taipan John Gokongwei's JG Summit Holdings Inc. is acquiring Rustans Supercenters
Annual profits at British American Tobacco soared last year, the maker of Lucky Strike and


 

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.