Trending Now
Paul Heyne: The Ethicist Who Thought Like an...
China’s Strengths Are Over-Exaggerated
Preparing for War
I Shot the Tariff (But I Swear It...
Getting It Half-Baked: The Real Cause of Cannabis...
GOP Cuts and State Budgets
How to Eliminate Waste, Fraud, and Abuse in...
Deportations to Add Almost $1 Trillion in Costs...
When the President Bit: From the Shark House...
Energy Holodomor
  • About Us
  • Contacts
  • Email Whitelisting
  • Privacy Policy
  • Terms and Conditions
DailyProfitTips.com
  • Editor’s Pick
  • Economy
  • Investing
  • Politics
  • World News
EconomyEditor's Pick

PCC clears Dubai Aerospace acquisition of Nordic Aviation

by May 26, 2025
May 26, 2025

THE Philippine Competition Commission (PCC) has cleared Dubai Aerospace Enterprise Ltd.’s takeover of Nordic Aviation Capital Designated Activity Co. from NAC Holdings Ltd.

“The commission decided that the transaction would not substantially reduce competition in the Philippines,” the PCC said in a statement on Monday.

Dubai Aerospace, which is owned by the Investment Corp. of Dubai, and NAC Holdings’ Nordic Aviation are both involved in dry leasing aircraft.

The PCC Mergers and Acquisitions Office (MAO) started the first phase review of the deal on March 20, wherein it evaluated the transaction under the provisions of the Philippine Competition Act. 

“After reviewing submissions from the merger parties and third-party feedback, the MAO concluded that Dubai Aerospace’s acquisition of Nordic Aviation is unlikely to harm competition, due to their minimal market shares and the presence of other competitors in the industry,” the PCC said.

“The MAO also noted the dynamic nature of the global aircraft leasing market, which makes it attractive for additional players to enter,” it added.

Under the law, the PCC is required to review mergers and acquisitions to ensure that the deals do not significantly impact competition or harm consumer welfare.

On March 1, the PCC adjusted the thresholds for transactions that require notification to a size of party (SoP) of P8.5 billion and size of transaction (SoT) of P3.5 billion.

These replaced the previous SoP of P7.8 billion and SoT of P3.2 billion. It marked the eighth adjustment of the threshold since the law took effect in 2015. — Justine Irish D. Tabile

previous post
S. Korean firms eye Clark, Poro Point infra projects
next post
PHL wages now highest in region, employers say

Related Posts

I Shot the Tariff (But I Swear It...

June 6, 2025

Getting It Half-Baked: The Real Cause of Cannabis...

June 6, 2025

GOP Cuts and State Budgets

June 6, 2025

How to Eliminate Waste, Fraud, and Abuse in...

June 6, 2025

Deportations to Add Almost $1 Trillion in Costs...

June 6, 2025

When the President Bit: From the Shark House...

June 6, 2025

Friday Feature: Incubate Debate

June 6, 2025

Universities in Libertarian Land

June 6, 2025

Harmony Squad: Supreme Court Issues Six Unanimous Decisions

June 5, 2025

Disabling Trump’s “Tariff Button”

June 5, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • About Us
    • Contacts
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions

    Copyright © 2025 DailyProfitTips.com All Rights Reserved.

    DailyProfitTips.com
    • Editor’s Pick
    • Economy
    • Investing
    • Politics
    • World News