Panama to request legal, financial documents on CK Hutchison-BlackRock port deal
The Panama Maritime Authority, which oversees shipping and port infrastructure in the country, will request all legal and financial documents from a key transaction between CK Hutchison and a consortium backed by BlackRock ,
BlackRock-CK Hutchison Port Deal Shines Light on US Law Firm Paul Hastings
Li Ka-shing’s CK Hutchison Holdings Ltd. has hired law firm Paul Hastings LLP to work on the blockbuster sale of its ports business, a major win for an adviser that rarely cracks the top of M&A league tables,
Li Ka-Shing’s CK Hutchison To Sell Panama Canal Ports To BlackRock As Part Of $23 Billion Deal
The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he sees as China’s influence over the waterway critical to global trade.
CK Hutchison shares surge on Panama ports deal
Shares of CK Hutchison Holdings (CKHH), the flagship of retired Hong Kong billionaire Li Ka-Shing’s corporate empire, have surged over 30% in the past two days after the conglomerate sold its stake in two Panama Canal ports to a BlackRock-led consortium amid pressure from US President Donald Trump.
Panama seeks legal, financial documents on CK Hutchison port sale
PANAMA CITY (Reuters) -- The Panama Maritime Authority, which oversees shipping and port infrastructure in the country, will request all legal and financial documents from a key transaction between CK Hutchison and a consortium backed by BlackRock, minister to presidency Juan Carlos Orillac said on Friday.
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, adding to pressures already levied by the U.S.
Analysis-Republican Officials Rethink BlackRock Bans After Panama Port Deal
A ship sails through the Panama Canal after Hong Kong's CK Hutchison agreed to sell its interests in a key Panama Canal port operator to a BlackRock Inc-backed consortium, amid pressure from U.S. President Donald Trump to curb China's influence in the region,
BlackRock-Led Deal Secures Key Panama Canal Ports, Sparks U.S.-Panama Tensions
U.S. President Donald Trump praised a $22.8 billion deal led by BlackRock (NYSE:BLK) to acquire CK Hutchisons global port assets, including Panama Ports Company, which controls Balboa and Cristobal ports at both ends
S&P expresses concern about CK Hutchison’s diversification after ports sale
The completion of the transaction could also lead us to revisit our assessment of CKHH’s business diversification,’ S&P says.
GlobalData on MSN4d
BlackRock-TiL consortium to acquire CK Hutchison’s port operations for $22.8bn
The BlackRock-TiL consortium, comprising financial giant BlackRock and Terminal Investment (TiL), will buy CK Hutchison ...
Li Ka-shing’s CK Life expects annual loss on higher R&D outlay, lower vineyard value
The company said the loss for 2024 could come in at HK$126.6 million (US$16.3 million) versus a profit of HK$17.3 million the ...
Oman Observer1d
BlackRock makes Oman foray with indirect stake acquisition in Hutchison Ports
Global asset manager BlackRock is set to make its debut in the Sultanate of Oman with the indirect acquisition of a major ...
CK Hutchison plans $1 billion port investment in Pakistan, ministry says
Hong Kong conglomerate CK Hutchison Holdings Limited's ports subsidiary plans to invest $1 billion to upgrade its operations ...
CK Hutchison vende puertos en Panamá tras presión de Trump
CK Hutchison Holdings Ltd., el conglomerado con sede en Hong Kong, acordó vender el control de una unidad que opera puertos ...
How BlackRock CEO Larry Fink has turned into the darling of the MAGA movement
After being the bane of conservatives everywhere for years, largely for his support of lefty ­Environmental Social Governance investing, Mr. ESG has become Mr. MAGA in the eyes of the Republican ...
Boise State Public Radio2d
Hong Kong company sells its ports in Panama, says it's business, not politics
Hong Kong tycoon Li Ka-shing's CK Hutchison Holdings sold its Panama ports business to a group of investors led by BlackRock. What does this episode tell us about Hong Kong today?