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Cold storage JV in the Philippines gets antitrust clearance

( May 7, 2025, 08:30 GMT | Official Statement) -- MLex Summary: A cold storage joint venture in the Philippines involving Singapore-based Canopy Investments, cold storage operator Mets Logistics and three family-owned commercial storage property management companies has been cleared by the Philippine Competition Commission. The regulator said it reviewed the deal's impact on dry storage and warehousing services, land leasing for commercial and industrial use and office-leasing services and found no concerns since the reorganization involves only intra-group transfers and no overlap in the services offered.The statement follows: ...

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