Independent journal on economy and transport policy
08:19 GMT+2
Cerberus to buy Philippine shipyard at ex U.S. navy base for $300 million - sources
(Reuters)
March 8, 2022
By Neil Jerome Morales
Reuters
MANILA - U.S. private equity firm Cerberus will acquire for $300 million a debt-laden shipyard in the Philippines at a former U.S. navy base close to the South China Sea, the facility’s trustee and two sources with knowledge of the deal said on Tuesday....... Read more on Reuters
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