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Media company ​​Philippine Star acquires BusinessWorld

( July 14, 2015, 06:56 GMT | Official Statement) -- MLex Summary: The Philippine Star Media Group, or PhilSTAR, has acquired 76.63 percent of BusinessWorld Publishing from Hastings Holdings. PhilSTAR president Miguel Belmonte is now concurrently the chief executive officer of BusinessWorld, according to a statement published on PhilSTAR's website. The statement didn't disclose the financial terms of the transaction. PhilSTAR publishes several national and regional newspapers in the Philippines.The statement follows....

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