Aboitiz Power seeks overseas expansion
The Philippine electricity generator and distributor is eyeing investment opportunities in Papua New Guinea, says CFO Iker Aboitiz.
March 19, 2014
Aboitiz Equity Ventures has bought 61% of William, Gothung & Aboitiz (WGA) - the largest shipping company in the Philippines - from the Chiongbian Group and Gothong Group. Aboitiz already owns 31% of the company, which is involved in ferry services around the archipelago for passengers and cargo.
