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Globe Fintech Innovations Inc. (Mynt) has fully acquired Electronic Commerce Payments Inc. (ECPay) for roughly P3 billion, Globe Telecom Inc. said on Monday. In a disclosure to the stock exchange, Globe said it sold its 77-percent stake in ECPay to Mynt for P2.31 billion. It also announced that the minority stakeholder, Payment One Inc., sold
On June 27, 2023, the FTC and DOJ (the Agencies) jointly announced proposed changes to the HSR premerger notification form. The Notice of Proposed Rulemaking, which appeared in the...
On June 27, 2023, the Federal Trade Commission and the Department of Justice announced extensive reforms to the US Hart-Scott-Rodino Notification and Report Form.
The Philippine Competition Commission (PCC) has raised the thresholds for compulsory notifications of mergers and acquisitions (M&As) to reflect changes in the economy such as soaring inflation and other adverse effects induced by the pandemic. Beginning March 1, 2023, mergers and acquisiti
FTC enacted the most radical change to Hart-Scott-Rodino Act HSR filing thresholds in decades. Pursuant to the Merger Filing Fee Modernization Act of 2022, which was signed into law as part of the Consolidated Appropriations Act on December 29, 2022.