Commission Decision No. 021-M-02/2018:  In the Matter of Udenna Corporation, Chelsea Logistics Holdings Corporation, and Trans-Asia Shipping Lines Inc.’s Alleged Violation of the Compulsory Notification Requirements under Section 17 of the Philippine Competition Act and Rule 4, Section 3 of the Rules and Regulations to Implement Republic Act No. 10667   (PCC Case No. M-2018-03)… continue reading ››

Commission Decision No. 20-M-019/2018 Acquisition by Suntrust Properties Inc. of Shares in Stateland Inc.   ABSTRACT: The proposed transaction involves the acquisition by Suntrust Properties, Inc. (Suntrust) of 96.873% of the issued and outstanding capital stock of Stateland, Inc. (Stateland). Post-transaction, Stateland will be a majority-owned subsidiary of Suntrust. Suntrust is a domestic corporation, which… continue reading ››

Commission Decision No. 18-M-017/2018 Acquisition by United Technologies Corporation of Shares in Rockwell Collins, Inc.   ABSTRACT: United Technologies Corp., based in Farmington, Connecticut, USA, a provider of high technology products and services to the building and aerospace industries, has proposed to acquire shares of Rockwell Collins, Inc. from Rockwell Collins shareowners. Rockwell Collins, based… continue reading ››

Commission Decision No. 17-M-016/2018 Acquisition by Maple Acquisition Corporation (Microchip Technology Incorporated) of Shares in Microsemi Corporation   Microchip Technology Incorporated (Microchip) and Microsemi Corporation (Microsemi) have signed a definitive agreement pursuant to which Microchip, through Maple Acquisition Corporation, a wholly-owned and controlled subsidiary and a purpose-built investment vehicle of Microchip, will acquire Microsemi for… continue reading ››

Commission Decision No. 16-M-014/2018 Acquisition by City Savings Bank, Inc. and Union Properties, Inc. of Shares in PETNET, Inc.   ABSTRACT: The transaction involves the proposed acquisition by City Savings Bank, Inc. (City Savings) and Union Properties, Inc. (Union Properties) from Aboitiz Equity Ventures, Inc. the shares representing 51 percent of the outstanding capital stock… continue reading ››

Commission Decision No. 015-M-013/2018 Acquisition by Udenna Corporation of Shares in KGL Investment B.V.   ABSTRACT: The Philippine Competition Commission (PCC) has approved the acquisition by Udenna Corporation (Udenna) of the entire outstanding capital stock of KGL Investment B.V. (KGLI-BV). KGLI-BV is a private limited liability company under KGL Investment Coöperatief UA, and is incorporated… continue reading ››

Commission Decision No. 014-M-015/2018 Joint Venture between Robinsons Land Corporation and Ideal Land Limited   ABSTRACT: Robinsons Land Corporation (“Robinsons Land”), Ideal Realm Limited (“Ideal Realm”) and Hongkong Land International Holdings Limited, the latter two companies both wholly-owned subsidiaries of Hongkong Land Holdings Limited (“Hongkong Land’) entered into a joint venture agreement. The parties have… continue reading ››