Commission Decision No. 04-M-004/2023 Proposed Joint Venture between Mitsui & Co., Ltd. and KDDI Corporation through the Merger of Mitsui & Co., Ltd’s and KDDI Corporation’s Respective Subsidiaries, Relia, Inc. and KDDI Evolva, Inc. with KDDI Evolva, Inc. as the Surviving Entity   Abstract: In the proposed transaction, (i) Mitsui & Co., Ltd. (“Mitsui &… continue reading ››

Commission Decision No. 02-M-001/2023 Proposed Merger of Bank of the Philippine Islands and Robinsons Bank Corporation   Abstract: The proposed transaction is a merger between Bank of the Philippine Islands (“BPI”), a corporation with a universal banking license from the Bangko Sentral ng Pilipinas (“BSP”), and Robinsons Bank Corporation (“RBC”), a corporation with a commercial banking license… continue reading ››

Commission Decision No. 01-M-002/2023: Proposed Acquisition by Phil-Tower Consortium Inc. of Assets of Globe Telecom, Inc.   Abstract: The proposed transaction concerns the proposed acquisition by Phil-Tower Consortium Inc. (“PTCI”) of approximately 1,350 tower assets of Globe Telecom, Inc. (“Globe”) pursuant to an Asset Sale and Purchase Agreement executed on 23 September 2022. PTCI is… continue reading ››

Commission Decision No. 03-M-002/2023:  Proposed Acquisition of Ayudhya Public Company Limited and MUFG Bank, Limited of Shares in HC Consumer Finance Philippines, Inc.   Abstract of the Proposed Transaction HC Philippines Holdings B.V. (“HC Philippines BV”) owns 75,250,000 preferred shares and 600,003 common shares of HC Consumer Finance Philippines, Inc. (“HCPH”) representing approximately 99.48% of… continue reading ››

Commission Decision No. 06-M-003-2022: Proposed Acquisition by AIA Philippines Life and General Insurance Company of Shares in MediCard Philippines Inc.   Abstract: In the proposed transaction, AIA Philippines Life and General Insurance Company Inc. (AIA Philippines) will buy 100% of shares in MediCard Philippines Inc. (MediCard). PCC found that the proposed takeover will not likely result… continue reading ››

Commission Decision No. 04-M-002-2022: Proposed Acquisition by AC Logistics Holdings Corporation of Shares in Air 21 Holdings Inc.   Abstract:  In this proposed transaction, AC Logistics entered into an Investment Agreement with Air 21 Holdings, its owner, Mr. Alberto D. Lina, and eight (8) logistics companies in the network. Subject to certain conditions, the intended… continue reading ››