Commission Decision No. 02-M-003/2021: Proposed Acquisition by Analog Devices, Inc. of Shares in Maxim Integrated Products, Inc.

Commission Decision No. 02-M-003/2021: Proposed Acquisition by Analog Devices, Inc. of Shares in Maxim Integrated Products, Inc.   ABSTRACT:  The proposed transaction involves the acquisition by Analog Devices, Inc. (ADI) of Maxim Integrated Products, Inc. (Maxim) through the merger of Magneto Corp. (Magneto), a wholly-owned subsidiary of ADI and Maxim, with Maxim surviving the merger… continue reading ››

Commission Decision No. 01-M-002/2021: In the Matter of the Proposed Acquisition by Scatec Solar ASA of Shares in SN Power AS

Commission Decision No. 01-M-002/2021: In the Matter of the Proposed Acquisition by Scatec Solar ASA of Shares in SN Power AS   ABSTRACT: The transaction involves the acquisition by Scatec Solar ASA (Scatec Solar) of 100% shares of SN Power AS that are currently held by the Norwegian Investment Fund for Developing Countries (Norfund).  Scatec… continue reading ››

Commission Decision No. 20-M-017/2020: Proposed Joint Venture among Axia Power Holdings Philippines Corporation, AC Energy Philippines Inc, and ACE Endevor Inc. over Ingrid Power Holdings Inc.

Commission Decision No. 20-M-017/2020: Proposed Joint Venture among Axia Power Holdings Philippines Corporation, AC Energy Philippines Inc, and ACE Endevor Inc. over Ingrid Power Holdings Inc.   ABSTRACT: The proposed transaction is the formation of a joint venture through the acquisition by AC Energy Philippines, Inc. (AC Energy) and Axia Power Holdings Philippines Corporation (Axia… continue reading ››

Mergers and the PCC during Covid

Mergers and the PCC during Covid By Atty. Johannes R. Bernabe November 25, 2020   Mergers and acquisitions have slowed down in the last eight months since the country went on lockdown to reduce the risk of spreading Covid-19. With the uncertainty of the extent of decrease in demand for goods and services looming large,… continue reading ››

Commission Decision No. 18-M-015/2020: Proposed Acquisition by GT Capital Auto Dealership Holdings, Inc. and Toyota Corolla Sapporo Philippines Holdings, Inc. of Shares in Toyota Santa Rosa, Laguna, Inc.

Commission Decision No. 18-M-015/2020: Proposed Acquisition by GT Capital Auto Dealership Holdings, Inc. and Toyota Corolla Sapporo Philippines Holdings, Inc. of Shares in Toyota Santa Rosa, Laguna, Inc.   ABSTRACT: The proposed transaction involves the 100% stake purchase by GT Capital Auto Dealership Holdings, Inc. (GT Auto) and Toyota Corolla Sapporo Holdings, Inc. (Toyota Sapporo)… continue reading ››

Commission Resolution No. 22-2020: Adopting Rules for the Implementation of Section 4(eee) of Republic Act No. 11494, Otherwise Known as the “Bayanihan To Recover As One Act”

Commission Resolution No. 22-2020: Adopting Rules for the Implementation of Section 4(eee) of Republic Act No. 11494, Otherwise Known as the “Bayanihan To Recover As One Act”     *** Rules for the Implementation of Section 4 (eee) of Republic Act No. 11494, Otherwise Known as the “Bayanihan to Recover as One Act,” Relating to… continue reading ››

Commission Decision No. 17-M-014/2020: Proposed Acquisition by Bank of Ayudhya Public Company Limited of Shares in SB Finance Company, Inc.

Commission Decision No. 17-M-014/2020: Proposed Acquisition by Bank of Ayudhya Public Company Limited of Shares in SB Finance Company, Inc.  ABSTRACT The transaction involves the proposed acquisition by Bank of Ayudhya Public Company Limited (Bank of Ayudha) of 7,075,000 common shares of the capital stock of SB Finance Company, Inc (SB Finance) which in turn represents 50% of the… continue reading ››

Commission Decision No. 16-M-013/2020: Proposed Acquisition by DMC-Urban Property Developers, Inc. of Assets of PLDT, Inc.

Commission Decision No. 16-M-013/2020: Proposed Acquisition by DMC-Urban Property Developers, Inc. of Assets of PLDT, Inc.   ABSTRACT: The transaction involves the acquisition of DMC-Urban Property Developers, Inc. from PLDT, of two parcels of land with aggregate area of approximately 2,400 sqm together with improvements consisting of two buildings (Smart Tower I and II), located along Ayala… continue reading ››

Commission Decision No. 14-M-011/2020: Proposed Acquisition by Trident Water Company Holdings Inc. of Shares in Manila Water Company Inc.

Commission Decision No. 14-M-011/2020: Proposed Acquisition by Trident Water Company Holdings Inc. of Shares in Manila Water Company Inc.   ABSTRACT: The proposed transaction is the acquisition by Trident Water Company Holdings Inc. (Trident Water), a subsidiary company of Prime Metroline Holdings Inc. (PMHI), of a 51%-voting interest in Manila Water Company Inc. (Manila Water)…. continue reading ››

Commission Decision No. 13-M-007/2020: Proposed Acquisition by Aéroports de Paris SA of Shares in GMR Airports Limited

Commission Decision No. 13-M-007/2020: Proposed Acquisition by Aéroports de Paris SA of Shares in GMR Airports Limited   ABSTRACT: The proposed transaction involves the purchase by Aéroports de Paris SA (ADP), a French corporation, of a 24.01% stake in GMR Airports Limited (GMR). It follows the acquisition of a 24.99% indirect stake. Once the proposed… continue reading ››