Tag page - cerberus

President Marcos has encouraged a huge South Korean shipbuilding company to partner with Philippine institutions to help develop the country's shipbuilding capability. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Marcos made the call as he welcomed the partnership of...

A global investment company has committed to invest in the Philippines' bid to regain its footing in the global shipbuilding industry. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) President Ferdinand "Bongbong" Marcos Jr. revealed that Cerberus Global Investment LLC, a...

US firm Cerberus Frontier has completed the acquisition of the former Hanjin shipyard at the Subic Bay Freeport in Zambales, a “win-win” takeover especially for the Filipino people, according to the Department of Finance (DOF). At the reception in Washington marking Cerberus’ full takeover of...

Department of National Defense (DND) Secretary Delfin Lorenzana announced Wednesday, March 9, that there will be no impact on the country’s national security if the reported takeover of an abandoned shipyard in Subic Bay, Zambales by a United States private equity firm will push through. Overview...