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                    [ArticleID] => 378001
                    [Title] => ICTSI acquires Aboitiz-owned  cargo handler for P337.5M
                    [Summary] => 



Port operator International Container Terminal Services Inc. (ICTSI) has acquired Aboitiz Transport System Corp.’s 90.7-percent stake in Davao Integrated Port and Stevedoring Services Corp. (DIPSSCOR) for P337.53 million.


The purchase was made through ICTSI unit Abbotsford Holdings Inc., a new holding company formed to oversee local investments.


The transaction, however, is still subject to the approval of the Philippine Ports Authority (PPA).


                    [DatePublished] => 2007-01-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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ABBOTSFORD HOLDINGS INC

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                    [ArticleID] => 378001
                    [Title] => ICTSI acquires Aboitiz-owned  cargo handler for P337.5M
                    [Summary] => 



Port operator International Container Terminal Services Inc. (ICTSI) has acquired Aboitiz Transport System Corp.’s 90.7-percent stake in Davao Integrated Port and Stevedoring Services Corp. (DIPSSCOR) for P337.53 million.


The purchase was made through ICTSI unit Abbotsford Holdings Inc., a new holding company formed to oversee local investments.


The transaction, however, is still subject to the approval of the Philippine Ports Authority (PPA).


                    [DatePublished] => 2007-01-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

ICTSI acquires Aboitiz-owned cargo handler for P337.5M

By Zinnia B. Dela Peña | January 3, 2007 - 12:00am

Port operator International Container Terminal Services Inc. (ICTSI) has acquired Aboitiz Transport System Corp.’s 90.7-percent stake in Davao Integrated Port and Stevedoring Services Corp. (DIPSSCOR)...

Business