 With the outbreak of World War I , the British government confiscated  German equities and handed them over to an English financial group led by Owen Philipps, chairman of the Union-Castle Line, which did much business in Portuguese East Africa, but which found the concession to be more of a liability.
<clarity>  With the outbreak of World War I , the British government confiscated  German equities and handed them over to an English financial group led by Owen Philipps, chairman of the Union-Castle Line, which did much business in Portuguese East Africa, but which found the concession to be more of a liability.
 With the outbreak of World War I , the British government confiscated German equities and handed them over to an English financial group led by Owen Philipps, chairman of the Union-Castle Line, which conducted several businesses in Portuguese East Africa, but which found the concession to be more of a liability.