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Commission Decision No. 02-M-001/2017: Acquisition by Altor AB of shares in Transcom Worldwide AB

2017, Philippines, Mergers & Acquisitions

Acquisition by Altor AB of shares in Transcom Worldwide AB

Abstract

Altor Holding AB (“Altor Holding“) is a private equity fund based in Stockholm, Sweden. Altor Holding proposes to acquire, through public tender offer, at least 90% of the shares in Transcom Worldwide AB (“Transcom“). Transcom, based in Sweden, is a global provider of outsourced multi-channel customer care, sales, technical support, and credit management services to third party customers. Currently, Altor Holding is Transcom’s largest shareholder, holding 24.3% of its capital and voting rights.

See decision: http://phcc.gov.ph/commission-decision-no-02-m-0012017-acquisition-altor-ab-shares-transcom-worldwide-ab/