1 day ago · The $22.8 billion sale by Hong Kong's CK Hutchison , opens new tab to U.S. and Swiss investors also includes dozens of ports in other countries, the companies announced Tuesday. The move appears ...

2 days ago · The deal valued at $22.8 billion (enterprise value) is for 80 percent ownership of CK Hutchison’s portfolio of 43 global ports and in a parallel agreement for 90 percent ownership of Panama ...

1 day ago · BlackRock will buy the ports, which sit at either end of the canal, and over 40 others from the Hong Kong conglomerate, CK Hutchison, for about $19 billion. ... Latin America, and in addition to ...

1 day ago · Hutchison Ports had recently been awarded a 25-year no-bid extension to run the ports, but an audit looking at that extension was already underway. Observers believed the audit was a preliminary step toward eventually rebidding the contract, but rumors had swirled in recent weeks that a U.S. firm close to the White House was being lined up to ...

1 day ago · Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock consortium. ... The two units hold 80% of the Hutchison Ports group that ...

19 hours ago · CK Hutchison Holdings, a Hong Kong-based conglomerate controlled by billionaire Li Ka-shing, has agreed to sell a majority stake in its Panama Canal ports to a BlackRock-led consortium, after U.S ...

1 day ago · (4 March 2025) The BlackRock-TiL Consortium and CK Hutchison are pleased to announce that they have reached in principle agreements whereby the BlackRock-TiL Consortium will acquire: HPH’s 90% interests in Panama Ports Company (the “PPC Transaction”), which owns and operates the ports of Balboa and Cristobal in Panama (the “Panama ...

11 hours ago · The BlackRock-TiL consortium, comprising financial giant BlackRock and Terminal Investment (TiL), will buy CK Hutchison Holdings' 90% interest in the Panama Ports Company and a total of 43 ports ...

1 day ago · The ports’ Hong Kong-based owner CK Hutchison will sell the business to a consortium, including BlackRock, Global Infrastructure Partners and Terminal Investment, according to a company ...

A consortium of investors led by BlackRock agreed to buy majority stakes in ports on either end of the Panama Canal, putting U.S. firms in control of two ports that President Trump raised as a ...