Li Ka-Shing’s CK Hutchison To Sell Panama Canal Ports To BlackRock As Part Of $23 Billion Deal
The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he ...
CK Hutchison shares jump 22% after Panama Canal stake sale to BlackRock
CK Hutchison stock gained more than 22% on Wednesday after the Hong Kong conglomerate sold a majority stake in a $22.8 ...
BlackRock Buys Hutchison’s Panama Ports in Victory for Trump
A BlackRock Inc.-led consortium agreed to buy control of key ports near the Panama Canal from Hong Kong-based conglomerate CK ...
BlackRock-TiL consortium to acquire CK Hutchison’s port operations for $22.8bn
The BlackRock-TiL consortium, comprising financial giant BlackRock and Terminal Investment (TiL), will buy CK Hutchison ...
BlackRock strikes $23 billion deal to place Panama Canal ports under American control
Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock ...
CK Hutchison to sell Panama ports to BlackRock in $22.8B deal
TiL Consortium and CK Hutchison (CKHUY) announced that they have reached in principle agreements whereby the BlackRock-TiL ...
CK Hutchison steps back from global ports as Trump vows trade tariffs on ‘friends and foes’
CK Hutchison said it would sell 80 per cent of its stakes in 43 ports in 23 countries, including Panama but excluding ...
CK Hutchison Shares Jump After Panama Ports Stake Sale Agreement with BlackRock
CK Hutchison Holdings shares rose sharply after a consortium of investors led by BlackRock agreed to buy majority stakes in ports on either end of the Panama Canal, which Trump raised as a security ...
CK Hutchison’s surprise sale of global ports sends stock surging amid unfolding trade war
CK Hutchison said it would sell 80 per cent of its stakes in 43 ports in 23 countries, including Panama but excluding ...
Channel NewsAsia Singapore2h
CK Hutchison stocks jump 25% after sale of Panama ports stake
Shares in CK Hutchison soared 25 per cent in Hong Kong on Wednesday (Mar 5) after it agreed to sell its lucrative Panama ...
EFE19h
Hong Kong’s CK Hutchison reaches agreement to sell Panama Canal ports
Hong Kong conglomerate CK Hutchison, parent company of two ports in the Panama Canal, announced it reached an agreement with ...
Brace for more US pressure on Chinese investment after Panama Ports sale, analysts warn
A Hong Kong company's decision to sell its global port stakes highlights the dilemma countries and firms will face in pursuit of Chinese and US investment, according to analysts. They added that as ...