Panama to request legal, financial documents on CK Hutchison-BlackRock port deal
The Panama Maritime Authority, which oversees shipping and port infrastructure in the country, will request all legal and financial documents from a key transaction between CK Hutchison and a consortium backed by BlackRock ,
BlackRock-CK Hutchison Port Deal Shines Light on US Law Firm Paul Hastings
Li Ka-shing’s CK Hutchison Holdings Ltd. has hired law firm Paul Hastings LLP to work on the blockbuster sale of its ports business, a major win for an adviser that rarely cracks the top of M&A league tables,
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 sees as China’s influence over the waterway critical to global trade.
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 consortium.
The Bank Says That The Panama Deal Involving Blackrock And Hutchison Is Completely 'Understandable'
JPMorgan said selling the Panama terminals was“understandable” given that Hutchison's ownership has come under scrutiny from the Trump administration
BlackRock’s Ports Deal Marks New Reach, Hands Win to Trump
CK Hutchison Holdings Ltd., the Hong Kong-based conglomerate, agreed to sell control of a unit that operates ports near the Panama Canal after pressure from US President Donald Trump to limit Chinese interests in the region.
Analysis-Republican Officials Rethink BlackRock Bans After Panama Port Deal
A ship sails through the Panama Canal after Hong Kong's CK Hutchison agreed to sell its interests in a key Panama Canal port operator to a BlackRock Inc-backed consortium, amid pressure from U.S. President Donald Trump to curb China's influence in the region,
BlackRock-Led Deal Secures Key Panama Canal Ports, Sparks U.S.-Panama Tensions
U.S. President Donald Trump praised a $22.8 billion deal led by BlackRock (NYSE:BLK) to acquire CK Hutchisons global port assets, including Panama Ports Company, which controls Balboa and Cristobal ports at both ends
CDL’s future under scrutiny; HPH Trust jumps after CK Hutchison sells port assets to US
Analysts suggest it may be time for CDL to professionalise its board and appoint non-family members to lead the company. Read ...
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 ...
S&P expresses concern about CK Hutchison’s diversification after ports sale
The completion of the transaction could also lead us to revisit our assessment of CKHH’s business diversification,’ S&P says.
Li Ka-shing’s CK Life expects annual loss on higher R&D outlay, lower vineyard value
The company said the loss for 2024 could come in at HK$126.6 million (US$16.3 million) versus a profit of HK$17.3 million the ...
CK Hutchison shares set to open up 2.9%, extending previous day's gains
Shares of CK Hutchison were set to open up 2.9% in Hong Kong on Thursday, extending the previous day's 21.9% gain after the ...
GlobalData on MSN4d
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 ...
trans.info11h
MSC tightens its grip on global shipping with acquisition of 43 ports worldwide
The Hong Kong-based and Cayman Islands-registered CK Hutchison Holdings has agreed to sell a significant portion of its ...
Boise State Public Radio2d
Hong Kong company sells its ports in Panama, says it's business, not politics
Hong Kong tycoon Li Ka-shing's CK Hutchison Holdings sold its Panama ports business to a group of investors led by BlackRock. What does this episode tell us about Hong Kong today?