PCC approves SMIC’s acquisition of shares in PULS

PRESS RELEASE 2017-007 March 18, 2017   The Philippine Competition Commission (PCC) has approved the acquisition by SM Investments Corporation (SMIC) of shares in Philippines Urban Living Solutions, Inc. (PULS) on March 13, 2017. SMIC is a holding company of the SM Group of Companies. SMIC has equity investments in property, retail, financial services, and continue reading : PCC approves SMIC’s acquisition of shares in PULS

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PCC approves Rockwell Collins Inc.’s acquisition of B/E Aerospace

PRESS RELEASE 2017-006 March 15, 2017       The Philippine Competition Commission (PCC) has approved the acquisition by Rockwell Collins, Inc. of B/E Aerospace on March 13, 2017.   Rockwell Collins, Inc. is a manufacturer and supplier of aviation and integrated solutions for both commercial and government applications. Its principal products include flight deck continue reading : PCC approves Rockwell Collins Inc.’s acquisition of B/E Aerospace

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PCC supports bills lifting foreign equity cap on telco, transport

PRESS RELEASE 2017-005 March 14, 2017   PCC supports bills lifting foreign equity cap on telco, transport The Philippine Competition Commission (PCC) is supporting initiatives in Congress to amend certain provisions in the 80-year-old Public Service Act (PSA) such as the lifting of the foreign equity cap on certain industries including telecommunications and transportation. The continue reading : PCC supports bills lifting foreign equity cap on telco, transport

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PCC says P1-B M&A threshold stays

Press Release No. 2017-004 21 February 2017     The PCC released a policy statement today outlining its view that there is no pressing need to raise the P1-billion threshold for reviewing merger and acquisition (M&A) deals in the country.   “The Commission initiated a preliminary review of all relevant data and finds that there is continue reading : PCC says P1-B M&A threshold stays

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PCC reviews competition landscape to make economy more efficient

Press Release No. 2017-003 03 February 2017 PCC reviews competition landscape to make economy more efficient The Philippine Competition Commission (PCC), the country’s anti-trust body that turned a year this month, is reviewing the country’s overall competition landscape as part of its legislated mandate to ensure that industries and businesses don’t fall prey to anti-competitive continue reading : PCC reviews competition landscape to make economy more efficient

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