Commission Decision No. 02-M-041-2019: Proposed Acquisition by Fernwood Holdings, Inc. of Shares in Liquigaz Philippines Corporation ABSTRACT: The proposed transaction pertains to the acquisition by Fernwood Holdings, Inc. (“Fernwood”), a Philippine holding company, of the following shares of stock held by Canaria Holdings Corporation (“Canaria”) in the following corporations: Eight Hundred Twenty-Six Thousand Five… continue reading ››
Commission Decision No. 01-M-33/2019: Proposed Acquisition of Chelsea Logistics Holdings Corporation of Shares in Trans-Asia Shipping Lines, Inc.
Commission Decision No. 42-M-038/2018: Merger of iPeople, Inc. and AC Education, Inc. ABSTRACT: The proposed transaction is a merger between iPeople Inc. a subsidiary of House of Investments Inc. and AC Education Inc. (AEI) , a subsidiary of Ayala Corporation, with iPeople as the surviving entity of the merger. Both iPeople and AEI are… continue reading ››
Commission Decision No. 41-M-037/2018: Acquisition by PT Indonesia Asahan Aluminum (Persero) of Shares in PT Freeport Indonesia ABSTRACT: PT Indonesia Asahan Aluminium (Persero) (“Inalum”) is proposing to increase its (direct and indirect) shareholding in PT Freeport Indonesia (“PTFI”) from 9.36% to 51.232%. The transaction is subject to required regulatory approvals in a number of… continue reading ››
Commission Decision No. 40-M-036/2018: Acquisition by Mulgrave Corporation B.V. of Shares in Rose Pharmacy, Inc. ABSTRACT: The proposed transaction is between Mulgrave Corporation B.V. (MCBV) and BRG Realty Corporation (BRG). MCBV currently owns 49% of the issued and outstanding shares of Rose Pharmacy, Inc. (RPI). MCBV is now considering acquiring the remaining 51% of… continue reading ››
Commission Decision No. 39-M-040-2018: Acquisition by Kepco Philippines Holdings, Inc. of Shares in Solar Philippines Calatagan Corporation ABSTRACT: The proposed transaction involves the acquisition of KPHI, a wholly-owned corporation of Korea Electric Power Corporation, of a 38% equity interest in SPCC (the “Transaction”). SPCC has been established to develop, finance, design, engineer, construct, complete,… continue reading ››
Commission Decision No. 38-M-031/2018 In the Matter of Macsteel Global S.à.r.l. B.V. and MSSA Investments B.V.’s Alleged Violation of the Compulsory Notification Requirements Under Section 2.1 of the PCC Rules on Merger Procedure [PCC Case No. M-2018-005]
Commission Decision No. 37-M-031/2018 Acquisition by Macsteel Global S.à.r.l. B.V. of Shares in Macsteel International Holdings B.V. ABSTRACT: The target firm in the proposed transaction, Macsteel International Holdings B.V. (“MIHBV”), is a joint venture company whose shares are held 50% by Macsteel Global S.à.r.l. B.V. (“MacGlobal”) and 50% by MSSA Investments B.V. (“MSSA”), a… continue reading ››
Commission Decision No. 36-M-035/2018: Acquisition by Coca-Cola South Asia Holdings, Inc. and Coca-Cola Holdings (Overseas) Limited of Shares in Coca-Cola FEMSA Philippines, Inc. ABSTRACT: The proposed transaction is the acquisition by Coca-Cola South Asia Holdings, Inc. and Coca-Cola Holdings (Overseas) Limited of the 51% stake in the Coca-Cola FEMSA Philippines, Inc. (CCFPI) held by… continue reading ››