Commission Decision No. 04-M-002/2019: Proposed Acquisition by Wipro Enterprises Singapore Pte. Limited of Shares in Splash Corporation

Commission Decision No. 04-M-002/2019: Proposed Acquisition by Wipro Enterprises Singapore Pte. Limited of Shares in Splash Corporation   ABSTRACT:  Wipro Enterprises Private Limited, a corporate entity based in Bangalore, India, intends to acquire, Splash Corporation, a Philippine corporation, from Ang Hortaleza Corporation. After the acquisition, Wipro Enterprises Private Limited, through a wholly owned subsidiary, will… continue reading ››

Commission Decision No. 39-M-040-2018: Acquisition by Kepco Philippines Holdings, Inc. of Shares in Solar Philippines Calatagan Corporation

Commission Decision No. 39-M-040-2018: Acquisition by Kepco Philippines Holdings, Inc. of Shares in Solar Philippines Calatagan Corporation   ABSTRACT: The proposed transaction involves the acquisition of KPHI, a wholly-owned corporation of Korea Electric Power Corporation, of a 38% equity interest in SPCC (the “Transaction”). SPCC has been established to develop, finance, design, engineer, construct, complete,… continue reading ››

Commission Decision No. 37-M-031/2018 Acquisition by Macsteel Global S.à.r.l. B.V. of Shares in Macsteel International Holdings B.V.

Commission Decision No. 37-M-031/2018 Acquisition by Macsteel Global S.à.r.l. B.V. of Shares in Macsteel International Holdings B.V.   ABSTRACT: The target firm in the proposed transaction, Macsteel International Holdings B.V. (“MIHBV”), is a joint venture company whose shares are held 50% by Macsteel Global S.à.r.l. B.V. (“MacGlobal”) and 50% by MSSA Investments B.V. (“MSSA”), a… continue reading ››

Commission Decision No. 36-M-035/2018: Acquisition by Coca-Cola South Asia Holdings, Inc. and Coca-Cola Holdings (Overseas) Limited of Shares in Coca-Cola FEMSA Philippines, Inc.

Commission Decision No. 36-M-035/2018: Acquisition by Coca-Cola South Asia Holdings, Inc. and Coca-Cola Holdings (Overseas) Limited of Shares in Coca-Cola FEMSA Philippines, Inc.   ABSTRACT: The proposed transaction is the acquisition by Coca-Cola South Asia Holdings, Inc. and Coca-Cola Holdings (Overseas) Limited of the 51% stake in the Coca-Cola FEMSA Philippines, Inc. (CCFPI) held by… continue reading ››

Commission Decision No. 31-M-027/2018: Acquisition by SYNNEX Corporation of Shares in Convergys Corporation

Commission Decision No. 31-M-027/2018: Acquisition by SYNNEX Corporation of Shares in Convergys Corporation   ABSTRACT: The proposed transaction involves the acquisition by SYNNEX Corporation (SYNNEX) of 100% of Convergys Corporation’s (Convergys) outstanding voting shares for USD26.50 per share, in consideration of the payment by SYNNEX of cash in the amount of USD13.25 per share and… continue reading ››

Commission Decision No. 29-M-026/2018: Acquisition by AXA S.A. through Camelot Holdings Ltd. of Sole Control over XL Group Ltd.

Commission Decision No. 29-M-026/2018: Acquisition by AXA S.A. through Camelot Holdings Ltd. of Sole Control over XL Group Ltd.   ABSTRACT: The transaction consists in the proposed acquisition by AXA Société Anonyme (AXA S.A.), through its wholly-owned subsidiary, Camelot Holdings Ltd. (Camelot), of sole control over XL Group Ltd. (XL Group). The Merger Agreement provides that,… continue reading ››

Commission Decision No. 28-M-024/2018: Acquisition by Robinsons Retail Holdings Inc. of Shares in Rustan Supercenters Inc.

Commission Decision No. 28-M-024/2018: Acquisition by Robinsons Retail Holdings Inc. of Shares in Rustan Supercenters Inc.   ABSTRACT: The transaction involves the acquisition by Robinsons Retail Holdings, Inc. (RRHI) of 100% of the issued and outstanding capital shares in Rustan Supercenters, Inc. (RSCI). RRHI will acquire all the issued and outstanding capital shares of RSCI… continue reading ››

Commission Decision No. 27-M-025/2018: Acquisition by Citicore Renewable Energy Corporation of Shares in Enfinity Philippines Renewable Resources Inc.

Commission Decision No. 27-M-025/2018: Acquisition by Citicore Renewable Energy Corporation of Shares in Enfinity Philippines Renewable Resources Inc.   ABSTRACT: The transaction involves the acquisition by Citicore Renewable Energy Corporation (CREC) of the entire issued and outstanding capital stock of Enfinity Philippines Renewable Resources Inc., (EPRRI) from Lumos Investment Pte. Ltd. and Mabalacat Solar Inc…. continue reading ››