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 ››

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 ››

Exclusive only

Exclusive only By Atty. Amabelle C. Asuncion August 14, 2019   IF there is one word in the lexicon that evokes special or expensive, or both, that would be the word “exclusive.” Attach exclusive to anything and it magically turns into something rare and highly coveted. A club, an event, a film screening, or an… continue reading ››

Big tech in a small economy

Big tech in a small economy By Arsenio M. Balisacan July 31, 2019   Much has been said about the dominance of the so-called tech titans: Google, Facebook, Amazon, Apple, and the like. Not a day goes by that the decisions and policies of these companies do not touch the lives of millions of citizens,… 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. 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. 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 ››

PCC binds Grab to service quality, price conditions for Uber takeover

PRESS RELEASE 2018-014 10 August 2018   PCC binds Grab to service quality, price conditions for Uber takeover   The Philippine Competition Commission (PCC) subjected Grab’s acquisition of Uber in the Philippines to service quality and pricing standards in clearing the transaction. These conditions for clearance were part of the voluntary commitments signed by Grab… continue reading ››