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Philippines clears Lima Land–House of Investments ecozone joint venture

( March 6, 2026, 04:16 GMT | Official Statement) -- MLex summary: The Philippine Competition Commission on Friday said it cleared a joint venture between Lima Land Inc., a unit of Aboitiz InfraCapital, and House of Investments Inc., allowing Lima Land to acquire a 49-percent stake in Tarlac Terra Ventures. The regulator said the deal is unlikely to substantially lessen competition in the market for developing, selling and leasing industrial lots in investment promotion agency-registered ecozones. Regulators cited minimal combined market share, the presence of larger competitors, and entry and expansion of industrial lot supply through 2028.Statement follows....

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