Commission Decisions

Commitment Decision No. 02-M-2024: PCC Case No. M-2023-002-SOC

Commitment Decision No. 02-M-2024 In the Matter of the Proposed Merger of BancNet, Incorporated and Philippine Clearing House Corporation

PCC Case No. E-2023-002-SCO

Commission Decision No. 012-M-009/2023: Proposed Joint Venture between Cavitex Holdings, Inc. and House of Investments, Inc. to form the Sangley Point International Airport Development Consortium in relation to the Joint Venture Agreement with the Provincial Government of Cavite to Build and Operate the Sangley Point International Airport

Commission Decision No. 012-M-009/2023 Proposed Joint Venture between Cavitex Holdings, Inc. and House of Investments, Inc. to form the Sangley Point International Airport Development Consortium in relation to the Joint Venture Agreement with the Provincial Government of Cavite to Build and Operate the Sangley Point International Airport Abstract: The SPIA Project is a priority… continue reading ››

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

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

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.

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.

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 ››