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PCC approves buy-out of SN Power - Vimarsana News

PCC approves buy-out of SN Power

    SN Power has investments in hydro-power businesses in the Philippines through a joint venture with Aboitiz Renewables Inc.  The PCC said its Mergers and Acquisitions Office (MAO) found that the transaction does not result in substantial lessening of competition in the nationwide markets of renewable power generation and electricity supply. This is because there is no horizontal or vertical relationship between the acquiring entity, including its notifying group, and the acquired entity and the entities it controls.   With the transaction’s overall equity value set at US$1.17 billi...

Source: mb.com.ph
Ontario Launching New Agency To Centralize Government Procurement - Government, Public Sector - Vimarsana News

Ontario Launching New Agency To Centralize Government Procurement - Government, Public Sector

On November 5, 2020, the Ontario government published Ontario Regulation 612/20 Supply Chain Management Act, 2019 (the "Act") . The Supply Chain Regulation establishes Supply Ontario, a centralized procurement agency that will provide and support Supply Chain Management on behalf of government, broader public sector and health sector entities and collect Supply Chain Management and vendor performance data from these entities. In addition, Supply Ontario is responsible for providing and supporting Supply Chain Management in respect of personal protective equipment on behalf of entities other t...

Source: mondaq.com