ABS-CBN's Public Float Slashes to 15% Amid P6 Billion Capital Raise
According to Rappler, ABS-CBN's public ownership will fall from 41.62% to roughly 15% following its P6 billion recapitalization, as new shares are issued principally to I&C Holdings and Lopez-related private investors rather than through a public offering. The transaction will expand the company's c
GateNews·08-19 00:08
