1 day ago · March 4 (Reuters) - Hong Kong's CK Hutchison (0001.HK), opens new tab on Tuesday agreed to sell its interests in a key Panama Canal port operator to a BlackRock Inc-backed consortium, following ...

1 day 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 ...

22 hours 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 ...

1 day ago · The agreement was reached alongside a deal in principle for a consortium led by BlackRock Inc. to acquire units that hold 80% of the Hutchison Ports group, which operates 43 ports in 23 countries ...

1 day ago · The two units hold 80% of the Hutchison Ports group that operates 43 ports in 23 countries. The consortium, comprised of BlackRock, Global Infrastructure Partners and Terminal Investment Limited will acquire 90% interests in Panama Ports Company, which owns and operates the ports of Balboa and Cristobal in Panama, according to the filing.

1 day ago · (Bloomberg) -- A BlackRock Inc.-led consortium agreed to buy control of key ports near the Panama Canal from Hong Kong-based conglomerate CK Hutchison Holdings Ltd. after pressure from US ...

A consortium of investors led by BlackRock has agreed to buy majority stakes in ports on both sides of the Panama Canal from CK Hutchison for $22.8 billion, the companies said Tuesday. The deal ...

1 day ago · (Reuters) -Hong Kong's CK Hutchison Holdings said on Tuesday a consortium including BlackRock Inc would buy an 80% stake in a unit that controls ports in Panama for an equity value of $14.21 billion.

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 ...