ABS-CBN Corp and TV5 have reached a partnership deal where ABS-CBN will acquire shares of TV5 amounting to PHP 2.16 billion. In a report by ABS-CBN News, the investment agreement allows ABS-CBN Corp to acquire 6,459,393 primary (new) common shares in TV5 representing 34.99% of the total voting and outstanding capital stock of TV5 for PHP 2.16 billion. ABS-CBN will also acquire additional shares in TV5, which will increase its shares to 49.92% after 8 years. We look forward to be of greater service to the public as we come together in taking TV5 to the next level," said ABS-CBN Chairman Mark L. Read more in our articles including "ABS-CBN to acquire TV5 shares worth PHP 2.16 billion" and "BPI partners with Robinsons Retail for barcode cash deposits in stores".
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Mar 19, 2026ABS-CBN Corp and TV5 have reached a partnership deal where ABS-CBN will acquire shares of TV5 amounting to PHP 2.16 billion. In a report by ABS-CBN News, the investment agreement allows ABS-CBN Corp to acquire 6,459,393 primary (new) common shares in TV5 representing 34.99% of the total voting and outstanding capital stock of TV5 for PHP 2.16 billion.
ABS-CBN will also acquire additional shares in TV5, which will increase its shares to 49.92% after 8 years. We look forward to be of greater service to the public as we come together in taking TV5 to the next level," said ABS-CBN Chairman Mark L.
Our coverage of abs cbn deal includes: "ABS-CBN to acquire TV5 shares worth PHP 2.16 billion"; "BPI partners with Robinsons Retail for barcode cash deposits in stores"; "Shopee opens official Beats store in PH". Each article provides unique insights and information.