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Cerberus to Buy Philippine Shipyard at Ex US Navy Base

Cerberus to Buy Philippine Shipyard at Ex US Navy Base

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.The…

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.The…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.The…MarineLink NewsRead More

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