PLDT Completese Sale of BPO Business to CVC

Manila—(PHStocks)—Philippine Long Distance Telephone Company (PLDT) (PSE: TEL) (NYSE: PHI) announced today that it completed the sale of Business Process Outsourcing (BPO) businesses owned by its wholly owned subsidiary—SPi Global Holdings, Inc. (SPi)—to Asia Outsourcing Gamma Limited (AOGL), a company controlled by CVC Capital Partners (CVC).

Read the full news here.

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