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.
Analysts suggest it may be time for CDL to professionalise its board and appoint non-family members to lead the company. Read more at straitstimes.com.
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GlobalData on MSNBlackRock-TiL consortium to acquire CK Hutchison’s port operations for $22.8bnThe BlackRock-TiL consortium, comprising financial giant BlackRock and Terminal Investment (TiL), will buy CK Hutchison Holdings' 90% interest in the Panama Ports Company and a total of 43 ports comprising 199 berths in 23 countries,
Global asset manager BlackRock is set to make its debut in the Sultanate of Oman with the indirect acquisition of a major stake
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