The issue was that the investment in Goldilocks would make SM, as landlord, competitor to other fast-food tenants. The PCC cleared at end-2017 SM Retail’s acquisition of Goldilocks but SM was ...

The Philippine Competition Commission approved at end-2017 SM Retail Inc.’s acquisition of Goldilocks but amid concerns that the latter may crowd out competitors in securing space in SM malls ...

MANILA, Philippines — The SM Group is no longer pursuing the acquisition of Goldilocks Bakeshop Inc. The Philippine Competition Commission (PCC) said the parties decided not to pursue the deal ...

The Philippine Competition Commission has approved the acquisition of Goldilocks Bakeshop by the SM Group despite the watchdog’s previous concerns over the transaction.

SM Investments Corp. said it is in the final stages of acquiring a 34% stake in Goldilocks Bakeshop, Inc., months after the deal to fully purchase the business fell through. In a disclosure to the ...

SM RETAIL, Inc., a company owned by the country’s richest man Henry Sy, Sr., has scrapped plans to acquire Goldilocks Bakeshop, Inc., citing changes in the general business environment. The two ...

SM Investments Corp. (SMIC) on Thursday said fully-owned subsidiary SM Retail Inc. has decided not to push through with the planned acquisition of Goldilocks Bakeshop Inc., citing changes in the ...

The antitrust commission, however, cited major concerns and placed conditions on SM Retail to avoid anti-competitive behavior in relation to the Goldilocks transaction. The SM Group which includes SM ...