Commission Decision No. 30-M-038/2017
Acquisition by Lafarge Holdings (Philippines), Inc. of shares in Bulacan Holdings, Inc.

ABSTRACT:

This notification relates to the transaction between Lafarge Holdings (Philippines), Inc. and Teresa Equity Holdings, Inc. pursuant to a letter of intent dated August 21, 2017, involving the acquisition by Lafarge Holdings (Philippines), Inc. of the 60% shareholding of Teresa Equity Holdings, Inc. in Bulacan Holdings, Inc. (the “Proposed Transaction”). After the transaction, Lafarge Holdings (Philippines), Inc. will become the 100% owner of Bulacan Holdings, Inc.

Lafarge Holdings (Philippines) Inc. provides management, technical, consultancy, and advisory services in cement manufacturing, marketing, and distribution; while Teresa Equity Holdings, Inc. and Bulacan Holdings, Inc. are holding entities.

See decision: http://phcc.gov.ph/commission-decision-no-30-m-0382017-acquisition-lafarge-holdings-philippines-inc-shares-bulacan-holdings-inc/