Commission Decision No. 30-M-038/2017
Acquisition by Lafarge Holdings (Philippines), Inc. of shares in Bulacan Holdings, Inc.

 

ABSTRACT:

This notification relates to the transaction between Lafarge Holdings (Philippines), Inc. and Teresa Equity Holdings, Inc. pursuant to a letter of intent dated August 21, 2017, involving the acquisition by Lafarge Holdings (Philippines), Inc. of the 60% shareholding of Teresa Equity Holdings, Inc. in Bulacan Holdings, Inc. (the “Proposed Transaction”). After the transaction, Lafarge Holdings (Philippines), Inc. will become the 100% owner of Bulacan Holdings, Inc.

 

Lafarge Holdings (Philippines) Inc. provides management, technical, consultancy, and advisory services in cement manufacturing, marketing, and distribution; while Teresa Equity Holdings, Inc. and Bulacan Holdings, Inc. are holding entities.

 

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