Landbank Completes Merger with UCPB Leasing
Deal News | Mar 28, 2025 | EIN
Philstar.com reports that the merger between Landbank and UCPB Leasing has been completed. This strategic consolidation is poised to strengthen Landbank's financial services by combining with UCPB Leasing's portfolio and operations. The merger is seen as a strategic move to increase competitiveness and expand the market reach of the combined entities.
Sectors
- Financial Services
- Leasing
Geography
- Philippines – The merger concerns organizations that operate within the Philippines, making it relevant to this geography.
Industry
- Financial Services – The merger involves banking institutions, highlighting activities within the financial services sector.
- Leasing – As UCPB is identified as a leasing entity, the industry classification includes leasing services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Landbank | Bidding Company | Company | Landbank is a prominent government-owned bank in the Philippines, acting as the acquiring entity in the merger. |
| UCPB Leasing | Target Company | Company | UCPB Leasing is the target company in this merger, providing leasing services in the Philippines. |