The Philippine Competition Commission (PCC) has approved a joint venture company (JVC) formed by listed real-estate firms Robinsons Land Corp. (RLC) and Shang Properties Inc. (SPI) to develop a 9,118-square meter property in Taguig City’s Bonifacio Global City.
In a March 20 decision, the antitrust body’s Mergers and Acquisitions Office said the JVC would not considerably reduce competition.
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