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CK Hutchison to sell stake in Panama ports

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 billion ports unit, including assets along the Panama Canal, to a group led by U.

U.S. News & World Report · 13h

CK Hutchison to Sell Stake in Hutchison Ports Group for $14.21 Billion

(Reuters) - Hong Kong's CK Hutchison Holdings said on Tuesday a consortium including BlackRock Inc would buy an 80% stake in Hutchison Ports Group for an equity value of $14.21 billion.

The Washington Post · 7h

After Trump threats, Hong Kong firm to sell stake in Panama Canal ports

Trump threatened to take back the canal because of what he called Chinese influence. CK Hutchison, a Hong Kong company, is selling its control in a firm that ran two ports on the canal.

15m

CK Hutchison’s surprise sale of global ports sends stock surging amid unfolding trade war

CK Hutchison said it would sell 80 per cent of its stakes in 43 ports in 23 countries, including Panama but excluding ...

5h

After Trump Applies Pressure, Wall Street Giant Moves Into Panama

An investor group led by BlackRock will acquire two ports near the Panama Canal that are owned by CK Hutchison and have been ...

2h

BlackRock gets bargain berth in Panama trade storm

The trade war is already sending merger troops to the front line. BlackRock shook hands on a deal to buy ports along the ...

1h

CK Hutchison leads Hong Kong stock surge as China’s NPC opens amid trade-war jitters

Sentiment got a fillip after US Commerce Secretary Howard Lutnick said that the country might offer a pathway for tariff ...

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