Tag: CK Hutchison Holdings

• Tuesday, March 4th 2025 - 20:45 UTC

  Preliminary deal reached for sale of Hong Kong company's stake in Panama Canal operations

  

  Given US President Donald Trump's pressure, CK Hutchison Holdings, a Hong Kong-based conglomerate, agreed to sell control of a unit operating ports near the Panama Canal, it was announced Tuesday. The sale includes an 80% stake in the Hutchison Ports group and a 90% interest in Panama Ports Company, which operates the ports of Balboa and Cristobal. The consortium acquiring these stakes includes BlackRock Inc., Global Infrastructure Partners, and Terminal Investment Ltd.