American firm's buyout of Hanjin shipyard a win for Philippine military – DOF - Rappler

(1st UPDATE) Finance Secretary Carlos Dominguez III says the deal with Cerberus gives the Philippine Navy an 'ideal harbor' facing the West Philippine Sea

MANILA, Philippines The acquisition of United States-based private equity firm Cerberus Frontier of the former Hanjin shipyard at the Subic Bay Freeport is a win-win especially for the military and t… [+3524 chars]

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