Tag page - Eugenio L. Lopez III

The entry of I&C Holdings Corp.—a firm linked to Fortman Cline Capital Markets—as the second-largest shareholder of cash-strapped ABS-CBN Corp. is seen by market analysts as a strong vote of confidence in the media company’s turnaround story. “With a ₱3.5-billion commitment, investors are...

The three branches of the Lopez family majority, comprising Crème Investment Corp., Mantes Corp., and Presta Holdings Co. Inc., announced that they will invest ₱2.2 billion in ABS-CBN Corp. as part of a total of ₱6 billion to be raised by the media company. In a statement on Wednesday, Aug....

Tycoon Ramon S. Ang has acquired a 25.68 percent stake in Lopez Inc., the holding company of the storied Lopez family, buying out the shareholding of former ABS-CBN Corp. Chairman Eugenio “Gabby” Lopez III in one of the country’s biggest corporate shifts in recent years. The transaction was...

Members of the Lopez family controlling 71 percent of holding company Lopez Inc. have issued a public statement clarifying their decision to remove Federico “Piki” R. Lopez (FRL) as president, citing a total “loss of trust and confidence.” The group, representing three branches of the...

ABS-CBN Corporation announced that Eugenio “Gabby” Lopez III has tendered his resignation as Chairman Emeritus and Director of ABS-CBN Corporation “for personal reasons.” Eugenio “Gabby” Lopez III (Photo credit: https://www.abs-cbn.com) Lopez also tendered his resignation as...