கையகப்படுத்துதல் அலுவலகம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from கையகப்படுத்துதல் அலுவலகம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In கையகப்படுத்துதல் அலுவலகம் Today - Breaking & Trending Today

Singapore's Redco withdraws Makati Subway share purchase deal


Published March 12, 2021, 2:19 AM
Redco Transit Development Pte Ltd. (Redco) of Singapore has terminated its planned acquisition of shares in Makati City Subway Inc. (MCSI) from Philippine Infradev Holdings Inc. (PIHI) and Hong Kong Binjiang Industrial Limited (HK Binjiang).
The Philippine Competition Commission (PCC) on March 9, 2021 was informed by the parties of the withdrawal their merger notification on the Makati Subway transaction citing circumstances arising from the COVID-19 pandemic.
“The parties withdrew their notification of the transaction currently undergoing merger review, and informed the MAO that they decided not to pursue the transaction and to terminate their Share Purchase Agreement due to circumstances arising from the COVID-19 pandemic,” the PCC through its Mergers and Acquisitions Office (MAO).  ....

Makati City , San Pedro Makati , Pasig River , Metro Manila , Philippines General , Acquisitions Office , Makati City Subway Inc , Redco Transit Development Pte Ltd , Circuit City , University Of Makati , Philippine Competition Commission , Hong Kong Binjiang Industrial Limited Hk , Philippine Infradev Holdings Inc , Redco Transit Development Pte , Makati City Subway , Philippine Infradev Holdings , Hong Kong Binjiang Industrial Limited , Makati Subway , Share Purchase Agreement , Philippine Infradev , Makati Central Fire Station , Makati City Hall , Metro Rail Transit Line , மகட்டி நகரம் , சான் பேடரோ மகட்டி , மெட்ரோ மணிலா ,

PCC clears Scatec Solar's 100% acquisition of shares in SN Power


January 19, 2021 | 12:01 am
Font Size
AAA
THE Philippine Competition Commission (PCC) said it recently approved the acquisition by Scatec Solar ASA, a Norwegian renewable energy company, of 100% shares in SN Power AS.
In an e-mailed statement, the commission said its Mergers and Acquisitions Office found that the transaction between Scatec Solar and SN Power “does not result in substantial lessening of competition in the nationwide markets of renewable power generation and electricity supply since there is no horizontal or vertical relationship between the acquiring entity, including its notifying group, and the acquired entity and the entities it controls.”
The commission issued its decision on Jan. 14. The overall equity value was placed at $1.166 billion. ....

United States , Quezon City , Arjayl Balinbin , Oslo Renewable Enterprise Inc , Norwegian Investment Fund For Developing Countries Norfund , Acquisitions Office , Aboitiz Power Corp , Philippine Competition Commission , Competition Commission , Scatec Solar , Norwegian Investment Fund , Developing Countries , Manila Oslo Renewable Enterprise , Aboitiz Power , ஒன்றுபட்டது மாநிலங்களில் , கயீஸந் நகரம் , ஒசிலோ புதுப்பிக்கத்தக்க நிறுவன இன்க் , கையகப்படுத்துதல் அலுவலகம் , பிலிப்பைன் போட்டி தரகு , போட்டி தரகு , நோர்வே முதலீடு நிதி , வளரும் நாடுகள் , மணிலா ஒசிலோ புதுப்பிக்கத்தக்க நிறுவன ,

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 billion, the Scatec Solar-SN Power transaction is the first approved transaction for 2021 following the new thresholds of P50 billion (US$1 billion) under the Bayanihan II Act, and the 208 ....

United States , Quezon City , Aboitiz Renewables Inc , Oslo Renewable Enterprise Inc , Norwegian Investment Fund For Developing Countries Norfund , Ifugao Inc , Acquisitions Office , Magat Inc , Cordillera Inc , Renewables Inc , Neptune Hydro Inc , Philippine Competition Commission , Generation Inc , Hydro Inc , Benguet Inc , Energy Inc , Greenfield Inc , Scatec Solar , Norwegian Investment Fund , Developing Countries , Aboitiz Renewables , Latin America , Manila Oslo Renewable Enterprise , Projects Inc , ஒன்றுபட்டது மாநிலங்களில் , கயீஸந் நகரம் ,