Philippines (asialaw)

Work highlights 

Advised KV Asia Capital on its $15 million investment for a 25% stake in Wildflour Hospitality Group, marking the private equity firm's first Philippine transaction. The deal values the premium casual dining group at $60 million and supports its expansion plans across Metro Manila, with 10 new outlets planned following successful openings at three locations including NAIA Terminal 1. 

Advised Nihon Kolmar Group on Philippine aspects of its acquisition of Tokiwa Cosmetics Group from The Carlyle Group. The transaction united Japan's largest contract cosmetics manufacturer with a leading global producer supplying top makeup brands, including its Philippine subsidiary Tokiwa Subic Corporation, which plays a strategic role in the group's regional supply chain operations.  

Represented Robinsons Retail Holdings in the Philippine Competition Commission's motu proprio review of its completed acquisition of Rose Pharmacy. The transaction involved South Star Drug's purchase of 100% stake in Rose Pharmacy, combining two major pharmaceutical retail chains. Following an 11-month review - only the second such retrospective investigation in PCC's history - the Commission terminated its inquiry without imposing conditions, establishing a significant precedent for post-completion competition assessments in the Philippines based on actual market data rather than theoretical harm analysis. 

Key clients 

AHCHI Pharma Ventures, Shimizu Corporation