MANILA - Davao-based tycoon Dennis Uy on Sunday again said that he was not interested in buying ABS-CBN.
In a statement, Uy, who is the chairman and CEO of Udenna Corp, said that his company has “no intention to acquire ABS-CBN.”
“Being in the business of broadcasting is not part of our corporate direction,” Uy said.
“Mataas ang respeto ko sa nagawa at patuloy na ginagawa ng ABS-CBN.”
(I have high respect for what ABS-CBN has done and continues to do.)
Uy also said that they hope that ABS-CBN’s issues will be “resolved soonest.”
The Davao-based businessman has been on a buying spree since President Rodrigo Duterte assumed office.
Last year his consortium’s bid to become the third major telco player was approved by the government.