MANILA, Philippines —
“ABS-CBN is a great company that has helped countless people over the years. I hope there may now be a way for us to be of help, for the benefit of ABS-CBN’s shareholders and employees, and the media industry of the Philippines,” Leviste said. Leviste also recently acquired shares in listed Roxas and Co. Inc., making him its largest individual shareholder with shares equivalent to 7.55 percent of the company.
Legarda anchored ABS-CBN’s World Tonight at the time Leviste was born in 1993, up to her run for the Senate in the 1998 elections. ABS-CBN’s bid for a franchise renewal was rejected by legislators in 2022, leading to its exit from free TV.
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