Philippines: Antitrust watchdog clears Udenna’s $120m takeover of 2GO shareholder

Udenna Corp's Dennis Uy

By Mars W. Mosqueda Jr.

May 14, 2018

The Philippine Competition Commission (PCC) has finally approved Udenna Corp’s $120-million takeover of KGL Investment B.V. (KGLI-BV), a Dutch company that indirectly holds a minority stake in local logistics giant 2GO Group, three months after the antitrust watchdog blocked the deal.

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In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

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  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
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