Mergers & Acquisitions Mergers & Acquisitions

Landmark Philippine media deal cancelled amid questions from lawmakers, regulators

By Jet Damazo-Santos
  • 01 Sep 2022 05:44
  • 01 Sep 2022 05:44

What was called a landmark deal between two Philippine media companies — ABS-CBN Corporation and PLDT's MediaQuest — has been terminated just three weeks after it was announced.

The deal would have enabled ABS-CBN, once the country’s leading broadcasting network, to go back on air after controversially failing to win renewal of its franchise

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