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Letters of Non-Coverage

/ Letters of Non-Coverage

 Guidelines on Letters of Non-Coverage

Parties may write to the Mergers and Acquisitions Office (“MAO”) Letters of Non-Coverage from Compulsory Notification (“LNC”) to confirm non-coverage of compulsory notification for their transaction. Transactions that:

1. Do not breach notification thresholds,
2. Involve internal restructuring,
3. Involve consolidation of ownership, and
4. Concern land acquisitions not for the purpose of obtaining control, may be grounds for non-coverage from compulsory notification.  
 
Please refer to the Revised Guidelines on Letters of Non-Coverage from Compulsory Notification on November 29, 2019 pdf.

1. Revised Guidelines on Non-Coverage from Compulsory Notification

The  Mergers and Acquisitions Office (MAO) of the  Philippine Competition Commission (PCC) has issued the  Revised Guidelines on Letters of Non-Coverage from Compulsory Notification on  November 29, 2019.

For inquiries, contact the PCC-MAO at  (02) 8771-9PCC (722) or e-mail at  mergers@phcc.gov.ph.

Download (Revised-Guidelines-on-Non-Coverage-from-Compulsory-Notification_2019.11.29.pdf)

2. Mergers, Consolidations, and Acquisitions of Banks

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