Commission Decision No. 40-M-036/2018:
Acquisition by Mulgrave Corporation B.V. of Shares in Rose Pharmacy, Inc.

ABSTRACT: 

The proposed transaction is between Mulgrave Corporation B.V. (MCBV) and BRG Realty Corporation (BRG). MCBV currently owns 49% of the issued and outstanding shares of Rose Pharmacy, Inc. (RPI). MCBV is now considering acquiring the remaining 51% of the issued and outstanding shares of RPI from BRG, which will result in MCBV owning 100% of the issued and outstanding shares of RPI. The principal activities of MCBV are investment holding and financing of its subsidiaries. BRG is engaged in real estate and general merchandise business.

Link: https://phcc.gov.ph/commission-decision-no-40-m-036-2018-acquisition-by-mulgrave-corporation-b-v-of-shares-in-rose-pharmacy-inc/