(ABS-CBN)
Greenergy Holdings is acquiring a majority stake in a fintech subsidiary of ABS-CBN Corp, the Antonio Tiu-led company disclosed to the stock market on Monday.
Greenergy said it has executed a legally binding term-sheet agreement with ABS-CBN and iBayad Online Ventures to acquire 51 million fully-paid common shares of U-Pay Digital Technologies Inc. from ABS-CBN.
