MANILA -- A conglomerate led by an adviser to new Philippine President Ferdinand Marcos Jr. is making a 25 billion peso ($440 million) takeover of one of the country's busiest airports.
Transportation
Marcos adviser strikes deal to take over Philippines' Cebu airport
Contractor Megawide and Indian partner GMR to sell asset to Aboitiz Group
Mactan Cebu International Airport on the central island of Cebu is one of the Philippines' busiest airports. (Photo courtesy of GMR Megawide Cebu Airport Corp.)
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