The Far Eastern University, Incorporated (PSE:FEU) entered into a memorandum of understanding to acquire a 34% stake in The Good Samaritan Colleges Inc for PHP 70 million on March 8, 2022. The Far Eastern University, Incorporated (PSE:FEU) entered into a agreement to acquire a 34% stake in The Good Samaritan Colleges Inc for PHP 70 million on August 25, 2022. The Far Eastern University will acquire 77,273 common shares of The Good Samaritan Colleges.

On August 16, 2022, board of directors of The Far Eastern University approved the transaction.