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Pacific Universal gets Philippine clearance to acquire stake in Mitra Adiperkasa

( September 8, 2025, 06:48 GMT | Official Statement) -- MLex Summary: Pacific Universal Investments has secured antitrust approval from the Philippine Competition Commission for its planned acquisition of shares in PT Mitra Adiperkasa, an Indonesian lifestyle retailer with subsidiaries operating in the Philippines. In a decision dated Aug. 12 but announced Monday, the commission said the parties are neither direct competitors nor stand in a supplier-customer relationship. Mitra Adiperkasa’s units in the Philippines — MAP Active Philippines, Planet Sports and Mapple Philippines — sell sports and Apple-branded consumer products. The statement follows: ...

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