Tuesday, March 04, 2025

Hong Kong based CK Hutchison Holdings to sell unit operating near Panama Canal under Trump pressure

President Trump is shaking and moving!

"... A consortium including BlackRock, Global Infrastructure Partners and Terminal Investment Ltd reached a preliminary deal to acquire units that hold 80 per cent of the Hutchison Ports group, worth about US$20 billion (HK$155 billion), CK Hutchison said in a statement. ..."

CK Hutchison Holdings to sell unit operating near Panama Canal under Trump pressure | South China Morning Post "Decision by Hong Kong-based conglomerate comes as US president pushes for greater control of critical trade route"

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