Channel NewsAsia Singapore16h
CK Hutchison stocks jump 25% after sale of Panama ports stake
Shares in CK Hutchison soared 25 per cent in Hong Kong on Wednesday (Mar 5) after it agreed to sell its lucrative Panama ...
Asia Asset Management17h
Hong Kong’s CK Hutchison to sell Panama Port to BlackRock in US$19 billion deal
Hong Kong’s CK Hutchison Holdings, a multinational conglomerate owned by billionaire Li Ka-shing, has agreed to sell its 90% ...
Panama AG to Supreme Court: Hutchison Port Deal Unconstitutional
Luis Carlos Gómez is supporting a lawsuit challenging the country's 20-year contract with a Hong Kong-based port operator, ...
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 ...
Brace for more US pressure on Chinese investment after Panama Ports sale, analysts warn
CK Hutchison’s decision could be the start of a pattern of firms forced to rethink their financial strategies, observer says.
Business Times21h
Goldman wins rare solo role on CK Hutchison’s blockbuster US$19 billion port deal
ONE of the biggest deals in years has a clear winner on Wall Street: Goldman Sachs Group. Read more at The Business Times.
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 ...
CK Hutchison steps back from global ports as Trump vows trade tariffs on ‘friends and foes’
CK Hutchison said it would sell 80 per cent of its stakes in 43 ports in 23 countries, including Panama but excluding ...