SITUATION REPORT

Philippines: U.S.-Australian Consortium Submits Bid for Philippines' Largest Shipyard

Dec 6, 2019 | 14:54 GMT

A U.S.-Australian consortium between equity firm Cerberus Capital Management, L.P. and shipbuilder Austal has submitted a formal bid to acquire the Philippines' largest shipyard at Subic Bay, the Nikkei Asian Review reported Dec. 5....

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