Nissin Gains Majority Control of Philippine Noodle Venture from URC
Universal Robina has received Philippine regulatory clearance to sell a 21% stake in instant noodle maker Nissin Universal Robina to Tokyo's Nissin Foods Asia, handing Nissin majority control of the joint venture.
Universal Robina Corp. (URC) has received regulatory clearance from the Philippine Competition Commission (PCC) for its planned sale of a 21% stake in instant noodle maker Nissin Universal Robina Corp. (NURC) to Tokyo-based Nissin Foods Asia. URC disclosed the clearance, dated August 25, in a stock exchange filing.
Last updated 21 Sept 2026, 08:41
About the author
Sarah Lim
Correspondent, Asia
Sarah leads CPG coverage of brand launches, expansion strategies, consumer trends, retail distribution, marketing and the evolving ways brands connect with Asian shoppers.
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