Commission Decision No. 24-M-031/2017 Acquisition by Global Business Power Corporation of shares in Alsons Thermal Energy Corporation Abstract: Global Business Power Corporation, a leading power producer in the Visayas Region and Mindoro Island, will acquire 50% minus one share of the total voting and total outstanding capital stock in Alsons Thermal Energy Corporation (“ATEC”)… continue reading ››
Commission Decision No. 22-M-030-2017 Acquisition by JT International SA and JT International (Philippines) Inc. of the Assets of Mighty Corporation and Wong Chu King Holdings Inc. ABSTRACT: Japan Tobacco International (Philippines) Inc. (“JTIP”), as purchaser, and Mighty Corporation (“MC”) and Wong Chu King Holdings Inc. (“WCKH”), as sellers, have entered into a preliminary binding… continue reading ››
Commission Decision No. 23-M-029-2017 Joint Venture by Rockwell Land Corporation and Mitsui Fudosan (Asia) Ptd. Ltd. ABSTRACT: This transaction involves the joint venture between Rockwell Land Corporation (“Rockwell”) and Mitsui Fudosan (Asia) Pte. Ltd. (“MFA”) to engage in the development, construction and sale of real estate projects in the Philippines through the joint venture… continue reading ››
Commission Decision No. 21-M-005-2017 Acquisition by Alipay Singapore Holding Pte. Ltd. of shares in Globe Fintech Innovations Inc. ABSTRACT: Alipay Singapore Holding Pte. Ltd. (“Alipay”) and Ayala Corporation (“Ayala”) propose to acquire, by subscription, new common shares of Globe Fintech Innovations, Inc. (“Mynt”) [collectively, the “Parties”]. Mynt is currently wholly owned by Globe Capital… continue reading ››
Commission Decision No. 19-M-027-2017 Acquisition by Phoenix Petroleum Philippines Inc. of Shares in Petronas Energy Philippines Inc. and Duta Inc. ABSTRACT: P-H-O-E-N-I-X Petroleum Philippines, Inc. (“Phoenix”), is a corporation registered in the Philippines that is currently engaged in (i) trading of refined petroleum products [except liquified petroleum gas (“LPG”)] and lubricants to retail and… continue reading ››
Commission Decision No. 18-M-016/2017 Acquisition by the Denso Corporation of shares in Fujitsu Ten Limited ABSTRACT: Denso Corporation (“Denso”) is a company organized and existing under the laws of Japan. It is engaged in the global supply of car parts, and the manufacture, promotion and distribution of systems and components for original equipment… continue reading ››
Commission Decision No. 17-M-026/2017 Acquisition by the Investment Corporation of Dubai of Carmel Capital S.A. R.L. ABSTRACT: Dubai Aerospace Enterprise (DAE) Ltd, Dubai (a subsidiary of the Investment Corporation of Dubai), intends to acquire all shares of Carmel Capital S.à r.l., the 100% holding company of AWAS Aviation Capital DAC, Dublin, from funds managed… continue reading ››
Commission Decision No. 15-M-022/2017 Acquisition by Partners Group Holding AG of Asia Outsourcing Philippines Holdings Inc., SPi Global Shared Services Pte. Ltd. (Singapore), and its Affiliates and Subsidiaries ABSTRACT: SPi Global Content Holding Pte. Ltd., a Singaporean investment holding company, ultimately controlled by Partners Group Holdings AG, a global private markets investment management company… continue reading ››
Commission Decision No. 16-M-025/2017 Joint Venture by Federal Land Inc. and the Joint Venture of Isetan Mitsukoshi and Nomura Real Estate Development Co. Ltd. ABSTRACT: Federal Land, Inc., Philippine real estate developer and a wholly-owned subsidiary of GT Capital Holdings, Inc. shall be entering into a joint venture with Isetan Mitsukoshi Holdings Ltd. (“Isetan… continue reading ››
Acquisition by E.I. du Pont and Company of the Health and Nutrition Business of the FMC Corporation ABSTRACT: The transaction involves the acquisition by E.I. du Pont de Nemours and Company (“DuPont”) of the Health & Nutrition business of FMC Corporation as part of a business swap whereby FMC Corporation will acquire a portion… continue reading ››