Friday, 23 June 2017

Philippines to probe Globe, PLDT's San Miguel deal

By Nick Wood, Total Telecom
Friday 17 June 16

Watchdog reportedly says telcos' merger documents were inadequate, deficient.

The Philippines' competition watchdog on Friday announced it will investigate Globe Telecom and PLDT's joint acquisition of San Miguel Corp's (SMC's) telco assets. The news comes after disagreements over the adequacy or otherwise of transaction documents submitted by the operators to the Philippine Competition Commission (PCC)…

The Philippines' competition watchdog on Friday announced it will investigate Globe Telecom and PLDT's joint acquisition of San Miguel Corp's (SMC's) telco assets. The news comes after disagreements over the adequacy or otherwise of transaction documents submitted by the operators to the Philippine Competition Commission (PCC)…

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