Business
U.S. Firm Pays HK Conglomerate $23B for Panama Canal Ports
WASHINGTON, DC, March 5, 2025 (ENS) – The Hong Kong-based conglomerate CK Hutchison Holdings said Tuesday that it will sell all shares in its subsidiaries Hutchison Port Holdings and Hutchison Port Group Holdings to a consortium that includes the U.S. company BlackRock Inc. in a deal valued at close to US$23 billion that carries $5 billion in debt. […]