Sep 2, 2022 SOURCE: AFP
India-Philippines consortium sells Cebu airport business for $440.2 mn
A consortium that includes India's GMR Group is selling its business developing and operating the Philippines' second-largest airport for 25 billion pesos ($440.2 million), its Filipino partner announced Friday.
The consortium of GMR Group and the Philippines' Megawide Construction Corp will sell its interests to operate the Mactan-Cebu International Airport...
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