PCC Adjusts Thresholds for Compulsory M&A Notifications

By Bernie Cahiles-Magkilat, Manila Bulletin The Philippine Competition Commission (PCC) has adjusted the thresholds for compulsory notifications of mergers and acquisitions (M&As) to take effect beginning March 1, 2019. In a Commission Resolution issued Wednesday, February 20, PCC raised the thresholds from PhP5 billion to PhP5.6 billion for the Size of Person (SoP) and from […]
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RHI Agrees to Sell Assets to Reduce Debt

Roxas Holdings Inc. (RHI, PSE: ROX), the largest integrated sugar producer in the country, together with its wholly-owned subsidiary, Central Azucarera Don Pedro Inc. (CADPI) has reached an agreement with Universal Robina Corp. (PSE: URC) for the sale of its sugar milling and refining operations in Brgy. Lumbangan, Nasugbu, Batangas. The consummation of the sale […]
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