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The sale of PhilTower has stalled due to disagreements between shareholders and potential buyers over the company’s valuation, according to sources familiar with the matter. Negotiations have reportedly stalled as the parties remain far apart on the price. While specific figures were not disclosed, the impasse suggests a significant gap between what sellers expect and what buyers are willing to pay. It remains unclear whether the deal could be revived or if potential buyers will walk away entirely. Factors like market volatility, competition, and regulatory hurdles could further complicate the situation. For now, the sale appears on hold as both sides reassess their positions.
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