Rappler's latest stories on buyout
#ThewRap: Things you need to know, April 20, 2017
Hello Here are the stories you shouldn t miss this Thursday
PCC takes buyout battle with telcos to Supreme Court
The Philippine Competition Commission wants to be allowed to review the transaction between San Miguel PLDT and Globe
CA denies PCC plea to lift TRO on San Miguel buyout review
The CA s Special 12th Division orders the PCC to remove from its website its preliminary statement of concern containing an initial finding that the deal is likely to substantially prevent restrict and lessen competition in the telco industry
Globe Telecom hikes 2016 spending to over $1B
Its board of directors approves additional capital expenditure of 300 million for network expansion
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PCC: San Miguel telco deal rushed to evade PCC rules
In acquiring San Miguel s assets PCC says PLDT and Globe made a conscious effort to ensure the acquisition will be beyond the reach of the law
San Miguel telco buyout creates 'more barriers' to entry – experts
Has the feasibility of a 3rd player in the near future been quashed by the deal? My answer is a qualified yes says a senior research fellow of the Philippine Institute for Development Studies
Court approves consolidation of PLDT, Globe petitions vs PCC
The Court of Appeals approves Globe Telecom s urgent motion to consolidate its petition with that of PLDT – days after it junked the telco s appeal to stop gov t review of the buyout deal
PCC tells CA: Consolidation a 'ploy to forum shop'
The Philippine Competition Commission calls Globe Telecom s plea to consolidate its petition with that of PLDT as an attempt to forum shop for a more favorable ruling by the 12th Division
PLDT, Smart commit 3-year network rollout to NTC
According to the network rollout plan Smart is rapidly expanding both the coverage and capacity of its LTE service
CA junks Globe's plea to stop review of San Miguel telco buyout
The undue haste exhibited by the parties to run to the courts to stop PCC s review is now confirmed as unjustified the Philippine Competition Commission says
Battle lines drawn over San Miguel's telco buyout deal
The Philippine Competition Commission argues the deal between PLDT Globe and San Miguel falls within the scope of its review
PCC, telcos meet to discuss San Miguel telco buyout
After the dialogue the PCC stands by its position that PLDT s and Globe s acquisition of SMC s telco business is not deemed approved
PLDT, Globe resubmit SMC telco buyout report to PCC
But PLDT and Globe clarify they are not abandoning their stance that the deal is already deemed approved and may no longer be challenged by the PCC
PLDT, Globe shares down as PCC keeps an eye on SMC telco deal
UPDATED The PCC warns PLDT and Globe of possible violations should they not comply with the watchdog s rules
PCC rejects PLDT, Globe report on San Miguel telco buyout
UPDATED Despite the anti trust body s decision PLDT and Globe firm up their stance saying the PCC has no power to undo their deal based on its claim
A long, winding road for better Metro Manila transport
Several infrastructure deals that are seen to solve the nightmarish Metro Manila traffic are still hounded by delays
DOJ dismisses Ang's syndicated estafa complaint vs Gozon
Ramon S Ang gets back his P1 billion from Felipe Gozon In return Gozon receives a substantial amount from Ang The details of their settlement are confidential
Ramon Ang, Gozon group reach settlement
UPDATED GMA Network head Felipe L Gozon agrees to return the P1 billion downpayment to the businessman
GMA's Gozon open to 'reasonable settlement' with Ramon Ang
Meanwhile GMA Network is scheduled to meet with PLDT and continues to negotiate with Globe Telecom for content distribution
Ramon Ang negotiated in bad faith, says GMA's Gozon
UPDATED GMA Network Chairman and CEO Felipe L Gozon says he s keeping the P1 billion downpayment from Ang for damages
Ramon Ang slaps GMA's Gozon with estafa complaint
2nd UPDATE The business tycoon says the Gozons never returned his P1 billion downpayment for the purchase of a minority stake in the broadcast network despite the breakdown of talks
Blame DOTC for MRT3 mess, experts tell Aquino
Stop blaming the past administration and the private owner experts tell President Aquino
SONA 2015: Aquino blames private firm for MRT3 woes
The President does not take to task Transportation Secretary Joseph Emilio Abaya over the MRT s frequent technical glitches and service interruptions
Globe hikes Bayantel stake, buys out Lopez group
Globe Telecom Incorporated will secure 98 57 stake in Bayan Telecommunications Incorporated once the buyout is done
PSE to raise P1.15B for PH dealing system funding
The local bourse is eyeing to acquire 100 interest in the operator of the country’s markets for fixed income securities and foreign exchange
Charter near deal on $55B buyout of Time Warner Cable
Charter the fourth largest US cable provider will boost its profile dramatically if it acquires Time Warner Cable which is second in the US market
Abad: GOCC dividends, Treasury gains to fund MRT3 buyout
The government can also borrow money but with the the approval of the Office of the President if GOCC dividends and Treasury gains are not realized Budget Secretary Florencio Abad says
Alsons to take over Australia's Indophil PH
Mindanao based Alsons Group s stake in the Australian mining firm will also hike its interest in Sagittarius Mines the concessionaire of the controversial Tampakan exploration project
Sobrepeña: MRT3 price tag less than P20B
It turns out that the MRT3 is cheaper than expected One of its owners says its equities cost less than P20 billion
Abaya: Gov't to proceed with MRT3 buyout
The journey to the government s takeover of the MRT3 is being opposed but DOTC Secretary Joseph Emilio Abaya says the government has Executive Order 126
MRT3 buyout begins in January 2015
The government wants full control of MRT3 so it would no longer have to pay MRTC huge fees annually The takeover also aims to expedite procurement of maintenance contracts
MRT3 owners open to a buyout
MRT Holdings II is willing to be bought after reaching a compromise with government which includes considering a proposal to upgrade MRT3
DOTC: OSG opinion on gov't MRT3 takeover should be out soon
The Solicitor General s opinion is needed for government to enter a compromise agreement with MRTC and facilitate the needed upgrade of the troubled rail system
Cabangon-Chua acquiring RPN-9
Antonio Cabangon Chua of Aliw Broadcasting is taking over as chairman of the television network
PAL defers stockholders’ meeting as buyout talks drag on
PAL shareholder the Lucio Tan group is buying out San Miguel from PAL The parties are still negotiating the terms
PAL is back in the black
The flag carrier books a P1 5 billion income for Q2 amid talks to buy back San Miguel’s 49 stake in PAL by the Lucio Tan group
MVP, Ayala groups not interested in PAL
The groups say they are not interested in the flag carrier whose major shareholders are in sale talks
San Miguel eyes Philippine Airlines buyout
San Miguel confirms local news reports that its president Ramon Ang and PAL were hopeful to buy out the rest of the carrier s shares by end September
Govt eyes to complete MRT-3 buyout by yearend
The deal will cost around P55 billion says Transportation department chief Joseph Emilio Abaya
Dell panel reiterates backing for founder's buyout
A special committee set up by Dell backs the buyout of its founder Michael Dell
