CK Hutchison to sell Panama ports' stake to group including BlackRock amid Trump pressure
Publishing timestamp: 2025-03-04 17:21:36
Summary
CK Hutchison is selling its controlling stake in the unit that operates Panama ports to a consortium including BlackRock. The sale will result in the consortium gaining a 90% stake in the Panama Ports Company, which operates ports in Panama. The sale does not involve any interest in Hutchison Port Holdings Trust or any other ports in Mainland China.
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Keywords: politics, breaking news: politics, trade, business, global trade, panama canal, donald trump, business news, ck hutchison holdings ltd,
Source: https://www.cnbc.com/2025/03/04/ck-hutchison-to-sell-panama-ports-stake-amid-trump-pressure.html