Top Filipino billionaire bets bigger on Africa: Enrique Razon’s ICTSI to buy port operator across 3 countries — report
Manila: Enrique Razon Jr ., the richest Filipino billionaire and one of the world’s most aggressive port investors, is expanding deeper into Africa. Razon-controlled International Container Terminal Services Inc. (ICTSI) has agreed to acquire 100% of TLG Acquisition Holdings, an integrated port and cargo-handling company operating in Mozambique, Namibia and South Africa, according to industry…
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