Commission Decision No. 21-M-015/2019: In the Matter of the Proposed Acquisition by Saudi Arabian Oil Company of Shares in Saudi Basic Industries Corporation   ABSTRACT: The transaction involves the proposed acquisition by Saudi Arabian Oil Company (Saudi Aramco) intends to acquire sole control of Saudi Basic Industries Corporation (SABIC) by way of acquisition of 70% of SABIC’s… continue reading ››

Commission Decision No. 19-M-016/2019: In the Matter of the Proposed Joint Venture Between the Bases Conversion and Development Authority and Meralco-Marubeni Consortium for the Smart Distribution Electricity Infrastructure in New Clark City   ABSTRACT:  The proposed transaction involves the incorporation of a joint venture company arising from the partnership between Bases Conversion and Development Authority (BCDA)… continue reading ››

COMMISSION DECISION NO. 18-M-013/2019:  In the Matter of the Proposed Acquisition by East West Banking Corporation of the Philippine Bank of Communications’ Auto Loan Portfolio   ABSTRACT; The Philippine Competition Commission (PCC) has approved the acquisition by East West Banking Corporation (East West) of the auto loan portfolio of Philippine Bank of Communications (PBCom). The… continue reading ››

Commission Decision No. 17-M-014/2019: In the Matter of the Proposed Acquisition by JACCS Co., Ltd. of Shares in Mitsubishi Auto Financial Services Corporation   ABSTRACT: The proposed transaction is an acquisition by JACCS Co., Ltd. (JACCS) of shares of stock in MMPC Auto Financial Services Corporation (MAFS) currently owned by BDO Leasing and Finance, Inc. (BDOLF)… continue reading ››

Commission Decision No. 16-M-012/2019: In the Matter of the Proposed Acquisition by Ayala Healthcare Holdings, Inc. of Shares in Actimed, Inc.   ABSTRACT: Ayala Healthcare Holdings, Inc. (AHHI) and Actimed, Inc. (Actimed) entered into a Conditional Subscription Agreement where AHHI stands to subscribe to an additional 706,579 common shares of Actimed, resulting in AHHI’s increase… continue reading ››

Commission Decision No. 15-M-010/2019: In the Matter of the Proposed Acquisition by Ayala Healthcare Holdings, Inc. of Shares in Negros Grace Pharmacy, Inc.   ABSTRACT: The proposed transaction is the acquisition by Ayala Healthcare Holdings, Inc. (AHHI) of 75% of the outstanding capital stock of Negros Grace Pharmacy, Inc. (Negros Grace) from Jasminum Corporation (JC),… continue reading ››

Commission Decision No. 14-M-008/2019: In the Matter of the Proposed Acquisition by Johnsonville International, LLC of Shares in Frabelle Corporation   ABSTRACT: The proposed transaction is a purchase of shares by Johnsonville International, LLC of 51% of the issued and outstanding capital stock in Frabelle Corporation. Johnsonville International, LLC, the acquiring entity, is a US… continue reading ››

Commission Decision No. 13-M-007/2019 In the Matter of the Proposed Acquisition by AC Energy Inc. of Shares in PHINMA Energy Corporation   ABSTRACT: The proposed transaction is an acquisition by AC Energy, Inc. (AC Energy) of the shares of stock of PHINMA Corporation (PHINMA Corp.) and Philippine Investment Management Inc. (PHINMA) in PHINMA Energy Corporation… continue reading ››

Commission Decision No. 12-M-011/2019 In the Matter of the Proposed Acquisition by Longview Aircraft Company of Canada Limited of the Q Series Aircraft Program of Bombardier Inc.   ABSTRACT: The transaction involves the proposed acquisition by Longview Aircraft Company of Canada Limited (LACCL) of Dash 8, also known as the Q Series, aircraft program and related… continue reading ››