Commission Decision No. 04-M-030/2020: In the Matter of the Proposed Acquisition by AC Energy Philippines, Inc. of Shares in Philippine Wind Holdings Corp.

Commission Decision No. 04-M-030/2020: In the Matter of the Proposed Acquisition by AC Energy Philippines, Inc. of Shares in Philippine Wind Holdings Corp.   ABSTRACT:  The proposed transaction is an acquisition by AC Energy Philippines, Inc. (ACEPH) of up to 100% of the shares of Macquarie Infrastructure Holdings (Philippines) Pte. Limited, Langoer Investments Holding B.V.,… continue reading ››

Commission Decision No. 03-M-002/2020: In the Matter of the Proposed Acquisition by UC Malampaya Philippines Pte. Ltd. of Shares in Chevron Malampaya LLC

Commission Decision No. 03-M-002/2020: In the Matter of the Proposed Acquisition by UC Malampaya Philippines Pte. Ltd. of Shares in Chevron Malampaya LLC   ABSTRACT: Under the proposed Share Sale and Purchase Agreement, the transaction involves Chevron Philippines, Ltd. (Chevron Philippines) as seller, UC Malampaya Philippines Pte. Ltd. (UC Malampaya) as buyer, and a subsidiary… continue reading ››

Commission Decision No. 02-M-001/2020: In the Matter of the Proposed Acquisition by MM Air Limited of Shares in Aircastle Limited

Commission Decision No. 02-M-001/2020: In the Matter of the Proposed Acquisition by MM Air Limited of Shares in Aircastle Limited   ABSTRACT: Marubeni Corporation (Marubeni), in partnership with Mizuho Leasing Company (Mizuho Leasing), has entered into a definitive agreements to acquire all of the outstanding common shares of Aircastle Limited (Aircastle – NYSE: AYR) that Marubeni… continue reading ››

2020: Toward a more robust competition regime

2020: Toward a more robust competition regime By Arsenio M. Balisacan, PhD January 15, 2020   In last week’s column, I discussed how 2019 proved to be a banner year for the Philippine Competition Commission. Having gained significant experience in the past three years, the PCC confidently flexed its enforcement muscle by deciding on several… continue reading ››

Commission Decision No. 34-M-028/2019: In the Matter of the Proposed Acquisition by Mikuni Toyo Co., Ltd. Of All Shares in Hitachi Terminals Mechatronics Philippines Corporation

Commission Decision No. 34-M-028/2019: In the Matter of the Proposed Acquisition by Mikuni Toyo Co., Ltd. Of All Shares in Hitachi Terminals Mechatronics Philippines Corporation ABSTRACT: The proposed transaction is the acquisition by Mikuni Toyo Co., Ltd. of 100% of the issued shares belonging to Hitachi Omron Terminal Solutions (HOTS) in Hitachi Terminals Mechatronics Philippines… continue reading ››

Commission Decision No. 30-M-024/2019: In the Matter of the Proposed Joint Venture between Pasay Harbor City Corporation and the City Government of Pasay

Commission Decision No. 30-M-024/2019: In the Matter of the Proposed Joint Venture between Pasay Harbor City Corporation and the City Government of Pasay   ABSTRACT: The City Government of Pasay, a highly urbanized city in Metro Manila, entered into a contractual Joint Venture Agreement (JVA) with Pasay Harbor City Corporation (Pasay Harbor City), a Special… continue reading ››

Commission Decision No. 29-M-021/2019: In the Matter of the Proposed Acquisition by Natura Holdings, S.A. of Shares in Avon Products, Inc.

Commission Decision No. 29-M-021/2019: In the Matter of the Proposed Acquisition by Natura Holdings, S.A. of Shares in Avon Products, Inc.   ABSTRACT: The Proposed Transaction involves the acquisition of Avon Products, Inc., a New York corporation (Avon), by Natura Cosméticos S.A. (Natura). A new holding company for the group, Natura Holding S.A (Natura &… continue reading ››

Call for Comments: Acquisition by First Stronghold Cement Industries Inc. of Shares in Holcim Philippines, Inc.

  Call for Comments: Acquisition by First Stronghold Cement Industries Inc. of Shares in Holcim Philippines, Inc.   The Philippine Competition Commission (PCC) invites stakeholders such as cement manufacturers, importers, exporters, distributors, contractors, dealers, hardware owners, retailers, truckers, terminal and warehouse owners, consumers, and other interested individuals to submit their thoughts and comments on the acquisition… continue reading ››

Commission Decision No. 25-M-022/2019 In the Matter of the Proposed Acquisition by Infineon Technologies AG of Shares in Cypress Semiconductor Corporation

Commission Decision No.25-M-022/2019 In the Matter of the Proposed Acquisition by Infineon Technologies AG of Shares in Cypress Semiconductor Corporation ABSTRACT: The proposed transaction involves a proposed merger between IFX Merger Sub Inc. (“IFX”), an indirectly wholly-owned subsidiary of Infineon Technologies AG (“Infineon”), and Cypress Semiconductor Corporation (“Cypress”), with Cypress as the surviving entity (the “Proposed Transaction”). Under… continue reading ››

Commission Decision No. 24-M-019/2019: In the Matter of the Proposed Acquisition by Metro Pacific Hospital Holdings, Inc. of Shares in Medical Doctors, Inc.

Commission Decision No. 24-M-019/2019: In the Matter of the Proposed Acquisition by Metro Pacific Hospital Holdings, Inc. of Shares in Medical Doctors, Inc.   ABSTRACT: The transaction involves the proposed acquisition by Metro Pacific Hospital Holdings, Inc. (MPHHI) of shares in Medical Doctors, Inc. (MDI), which in turn owns and operates Makati Medical Center. Pursuant to… continue reading ››