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. 20-M-028-2017 Joint Venture by San Miguel Corporation and Northern Cement Corporation   ABSTRACT: San Miguel Corporation (“SMC”) and Northern Cement Corporation (“NCC”) have agreed to organize and establish a joint-venture corporation (the “Corporation”) for the purpose of undertaking the construction, development and operation of a cement plant located in Labayug, Sison, Pangasinan… 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. 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 ››