PCC clears PLDT takeover of Sky Cable

MANILA, Philippines  —The P6.75-billion sale of Lopez-led Sky Cable Corp.’s broadband business and other related assets to Manuel Pangilinan-led PLDT Inc. hurdled the competition review, with the transaction drawing nearer to conclusion. ABS-CBN Corp., the majority owner of the broadband company, said on Monday the Philippine Competition Commission (PCC) had approved the major sale and
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