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PHILIPPINES PRESS-San Miguel chief eyes 30 pct stake in GMA 7
January 24, 2014 / 12:15 AM / 4 years ago

PHILIPPINES PRESS-San Miguel chief eyes 30 pct stake in GMA 7

Businessman Ramon Ang is making a strong push for a minority stake in GMA Network Inc, casting some degree of uncertainty over a rival bid by Philippine Long Distance Telephone Co, which has long sought a foothold in the major television broadcast firm, the Philippine Daily Inquirer newspaper reported.

(link.reuters.com/xeq36v)

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Manila Newsroom; Editing by Prateek Chatterjee)

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