San Miguel Corp. president Ramon Ang buys ‘minority stake’ of GMA Network

He’s getting a slice of the “hearty” pie.

“GMA Network on Tuesday, June 23, said its major shareholders have agreed to sell a minority stake in the company to San Miguel Corp. president Ramon S. Ang,” reports ABS-CBNnews.com.

For his part, Ang said his investment in GMA was done in his personal capacity. It will not involve San Miguel. He also confirmed he was acquiring a 30 percent stake in GMA.

“It’s a done deal,” Ang declared.

Photo by Kelly (WikiCommons)




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