US equity firm officially takes over Subic shipyard | Malou Talosig-Bartolome
The Philippine government has finally sealed the deal awarding the 300-hectare shipyard in strategic Subic Bay, Zambales near South China Sea to United States equity investment firm Cerberus Management Capital. "After almost three years of tireless work, the Philippines and US reached a new milestone with the conclusion of the strategically important Subic…
Source: businessmirror.com.ph