In battle of tycoons, San Miguel's Ang offers $14b for new Philippine airport

In battle of tycoons, San Miguel's Ang offers $14b for new Philippine airport

Ramon Ang. Photographer: Nana Buxani/Bloomberg

The battle of Philippine tycoons to build a new airport in the nation’s capital is heating up as San Miguel Corp. proposed a 700 billion-peso ($14 billion) facility, rivaling an offer from a group led by billionaire Henry Sy.

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