Philippine tycoons tighten their grip on 2GO Group
apr 09 2018
FinancePhilippine businessmen Henry Sy and Dennis Uy, who both control NEgros NAvigation COmpany (NENACO) – one of the oldest domestic shipping companies in the Philippines – have agreed to merge NENACO and the 2GO Group in order to “simplify corporate structure and to develop efficiencies and economies within the group”.
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