Commission Decision No. 22-M-017/2019: In the Matter of the Proposed Redemption by Property Company of Friends, Inc. of Shares from GT Capital Holdings, Inc.

Commission Decision No. 22-M-017/2019: In the Matter of the Proposed Redemption by Property Company of Friends, Inc. of Shares from GT Capital Holdings, Inc.   ABSTRACT: The transaction involves the redemption of GT Capital Holdings, Inc. (GT Capital) of Series A Preferred Shares equivalent to 51% stake in Property Company of Friends, Inc. (Pro-Friends) in… continue reading ››

Commission Decision No. 21-M-015/2019: In the Matter of the Proposed Acquisition by Saudi Arabian Oil Company of Shares in Saudi Basic Industries Corporation

Commission Decision No. 21-M-015/2019: In the Matter of the Proposed Acquisition by Saudi Arabian Oil Company of Shares in Saudi Basic Industries Corporation   ABSTRACT: The transaction involves the proposed acquisition by Saudi Arabian Oil Company (Saudi Aramco) intends to acquire sole control of Saudi Basic Industries Corporation (SABIC) by way of acquisition of 70% of SABIC’s… continue reading ››

Commission Decision No. 19-M-016/2019: In the Matter of the Proposed Joint Venture Between the Bases Conversion and Development Authority and Meralco-Marubeni Consortium for the Smart Distribution Electricity Infrastructure in New Clark City

Commission Decision No. 19-M-016/2019: In the Matter of the Proposed Joint Venture Between the Bases Conversion and Development Authority and Meralco-Marubeni Consortium for the Smart Distribution Electricity Infrastructure in New Clark City   ABSTRACT:  The proposed transaction involves the incorporation of a joint venture company arising from the partnership between Bases Conversion and Development Authority (BCDA)… continue reading ››

Commission Decision No. 17-M-014/2019: In the Matter of the Proposed Acquisition by JACCS Co., Ltd. of Shares in Mitsubishi Auto Financial Services Corporation

Commission Decision No. 17-M-014/2019: In the Matter of the Proposed Acquisition by JACCS Co., Ltd. of Shares in Mitsubishi Auto Financial Services Corporation   ABSTRACT: The proposed transaction is an acquisition by JACCS Co., Ltd. (JACCS) of shares of stock in MMPC Auto Financial Services Corporation (MAFS) currently owned by BDO Leasing and Finance, Inc. (BDOLF)… continue reading ››

Commission Decision No. 15-M-010/2019: In the Matter of the Proposed Acquisition by Ayala Healthcare Holdings, Inc. of Shares in Negros Grace Pharmacy, Inc.

Commission Decision No. 15-M-010/2019: In the Matter of the Proposed Acquisition by Ayala Healthcare Holdings, Inc. of Shares in Negros Grace Pharmacy, Inc.   ABSTRACT: The proposed transaction is the acquisition by Ayala Healthcare Holdings, Inc. (AHHI) of 75% of the outstanding capital stock of Negros Grace Pharmacy, Inc. (Negros Grace) from Jasminum Corporation (JC),… continue reading ››

Commission Decision No. 14-M-008/2019: In the Matter of the Proposed Acquisition by Johnsonville International LLC of Shares in Frabelle Corporation

Commission Decision No. 14-M-008/2019: In the Matter of the Proposed Acquisition by Johnsonville International, LLC of Shares in Frabelle Corporation   ABSTRACT: The proposed transaction is a purchase of shares by Johnsonville International, LLC of 51% of the issued and outstanding capital stock in Frabelle Corporation. Johnsonville International, LLC, the acquiring entity, is a US… continue reading ››

Commission Decision No. 05-M-003/2019: In the Matter of the Proposed Joint Venture among Bases Conversion and Development Authority, National Housing Authority, and Primelux Holdings Development Inc.

Commission Decision No. 05-M-003/2019: In the Matter of the Proposed Joint Venture among Bases Conversion and Development Authority, National Housing Authority, and Primelux Holdings Development Inc.   [MAO Case No. M-2019-003] ABSTRACT:  The transaction involves the proposed joint venture (JV) among Bases Conversion and Development Authority (BCDA), National Housing Authority (NHA), and Primelux Holdings Development, Inc…. continue reading ››

Commission Decision No. 06-M-039/2019: In the Matter of the Proposed Acquisition by Aboitiz Power Corporation of Shares in Stock in AA Thermal Inc.

Commission Decision No. 06-M-039/2019: In the Matter of the Proposed Acquisition by Aboitiz Power Corporation of Shares in Stock in AA Thermal Inc.   [MAO Case No. M-2018-039] ABSTRACT: The transaction involves the acquisition by Aboitiz Power Corporation (Aboitiz Power) from Arlington Mariveles Netherlands Holding B.V., an affiliate of AC Energy, Inc. (AC Energy), of… continue reading ››

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 ››