Robinsons Retail cleared to buy Rustans Supercenter

By The Manila Times

Aug 18, 2018 12:33 am

Competition regulators have approved Robinsons Retail Holdings, Inc.’s bid to take control of grocery retailer Rustan Supercenters, Inc.

In a decision dated August 16, the Philippine Competition Commission (PCC) said the transaction, announced last March, would “not result in substantial lessening of competition in the relevant market.”

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