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 Consortium will acquire: HPH’s 90% interests in Panama Ports Company, which owns and operates the ports of Balboa and Cristobal in Panama;
CK Hutchison stock gained more than 22% on Wednesday after the Hong Kong conglomerate sold a majority stake in a $22.8 ...
HONG KONG (Reuters) - Shares of CK Hutchison were set to open up 2.9% in Hong Kong on Thursday, extending the previous day's ...
Shares in CK Hutchison soared 25 per cent in Hong Kong on Wednesday (Mar 5) after it agreed to sell its lucrative Panama ...
Hong Kong's CK Hutchison is selling its controlling stake in a unit that operates Panama ports to a group including BlackRock ...
Shares of CK Hutchison Holdings, owned by Chinese billionaire Li Ka-shing, surged over 20 percent after the conglomerate ...
CK Hutchison’s decision could be the start of a pattern of firms forced to rethink their financial strategies, observer says.
An investor group led by BlackRock will acquire two ports near the Panama Canal that are owned by CK Hutchison and have been ...
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