Commission Decision No. 23-M-20: Acquisition by Aisin Seiki Co. Ltd. of Shares in Toyota Autoparts Philippines Inc. ABSTRACT: The proposed transaction is between Aisin Seiki Co., Ltd. (Aisin) and Toyota Motor Corporation (TMC). Aisin is currently a minority shareholder of Toyota Autoparts Philippines Inc. (TAP), a subsidiary of TMC in the Philippines. Aisin is… continue reading ››
Commission Decision No. 25-M-023: Joint Venture between Century Properties Group Inc. and Mitsubishi Corporation ABSTRACT: This transaction involves the joint venture agreement between CPGI and Mitsubishi to engage in the development, construction and sale of residential properties on parcel/s of land/s in the Philippines. The JV Agreement was executed between CPGI and Mitsubishi on… continue reading ››
Commission Decision No. 24-M-022/2018: Acquisition by Alveo Land Corp. of Assets of Antel Land Holdings, Inc. ABSTRACT: The proposed transaction is the acquisition of Alveo Land, Corp. (Alveo) of several parcels of land located in in Makati City, Metro Manila, with an aggregate area of approximately 1.3 hectares, together with all improvements thereon (Property),… continue reading ››
Full Case Report on Commission Decision No. 022-M-039/2018: Proposed Acquisition of Chelsea Logistics Holdings Corporation of Shares in KGLI-NM Holdings, Inc. (PCC Case No. M-2018-002) (MAO Case No. M-39-2017)
Commission Decision No. 022-M-039/2018: In the Matter of Proposed Acquisition by Chelsea Logistics Holdings Corporation of Shares in KGLI-NM Holdings Inc. (PCC Case No. M-2018-002) (MAO Case No. M-39-2017)
Commission Decision No. 021-M-02/2018: In the Matter of Udenna Corporation, Chelsea Logistics Holdings Corporation, and Trans-Asia Shipping Lines Inc.’s Alleged Violation of the Compulsory Notification Requirements under Section 17 of the Philippine Competition Act and Rule 4, Section 3 of the Rules and Regulations to Implement Republic Act No. 10667 (PCC Case No. M-2018-03)… continue reading ››
Commission Decision No. 20-M-019/2018 Acquisition by Suntrust Properties Inc. of Shares in Stateland Inc. ABSTRACT: The proposed transaction involves the acquisition by Suntrust Properties, Inc. (Suntrust) of 96.873% of the issued and outstanding capital stock of Stateland, Inc. (Stateland). Post-transaction, Stateland will be a majority-owned subsidiary of Suntrust. Suntrust is a domestic corporation, which… continue reading ››
Commission Decision No. 19-M-018/2018 Acquisition by CSP Alpha Holdings Pte. Ltd. of Shares in StarTek Inc. ABSTRACT: CSP Alpha Holdings Parent Pte. Ltd. (CSP Holdings) or its designee intends to acquire 20,600,000 shares of common stock of StarTek Inc. (StarTek), subject to adjustment, in exchange for all common stocks of CSP Alpha Midco Pte. Ltd…. continue reading ››
Commission Decision No. 18-M-017/2018 Acquisition by United Technologies Corporation of Shares in Rockwell Collins, Inc. ABSTRACT: United Technologies Corp., based in Farmington, Connecticut, USA, a provider of high technology products and services to the building and aerospace industries, has proposed to acquire shares of Rockwell Collins, Inc. from Rockwell Collins shareowners. Rockwell Collins, based… continue reading ››
Commission Decision No. 17-M-016/2018 Acquisition by Maple Acquisition Corporation (Microchip Technology Incorporated) of Shares in Microsemi Corporation Microchip Technology Incorporated (Microchip) and Microsemi Corporation (Microsemi) have signed a definitive agreement pursuant to which Microchip, through Maple Acquisition Corporation, a wholly-owned and controlled subsidiary and a purpose-built investment vehicle of Microchip, will acquire Microsemi for… continue reading ››