CK Hutchison port deal may be hit with wave of antitrust probes

CK Hutchison port deal may be hit with wave of antitrust probes

Authorities in all 23 countries where ports operate expected to conduct competition reviews if they find them legally necessary, source says.

CK Hutchison’s Panama ports deal: Between business decision and national security

"It... can hardly be a national security necessity for someone with a Chinese name to own a port on the other side of the Pacific," writes Tim Hamlett.

The United States declared this Friday that it is “aware” of China’s discontent with the agreement for two ports of the Panama Canal to be transferred to an American conglomerate and stated that it does not “surprise” it. According to several U.S. media, the sale by the Hong Kong group CK Hutchinson to the US BlackRock of the shares of the Panamanian ports of Balboa and Cristóbal will be delayed beyond the April 2 deadline in the face of Beijing…

US says it is 'not surprised' that China would be upset at Panama ports deal

WASHINGTON (Reuters) - The U.S. State Department said on Friday it was "not surprised" that China would be upset by Hong Kong conglomerate CK Hutchison's (0001.HK) deal to sell its two port operations near the Panama Canal to a BlackRock-led…

How Tycoon Li Ka-shing Landed in the Middle of US-China Tiff Over Panama Canal

Hong Kong tycoon Li Ka-shing has found himself in the middle of a US-China tiff over the Panama Canal. Chinese authorities have reacted negatively to plans by Li’s conglomerate CK Hutchison Holdings Ltd. to sell its two port operations on the Panama Canal to a consortium including US-based BlackRock Inc. The deal was announced after US President Donald Trump called for the US to retake control of the strategic waterway, claiming falsely that it …

The United States declared this Friday that it is “aware” of China’s discontent with the agreement for two ports of the Panama Canal to be transferred to an American conglomerate and stated that it does not “surprise” it. EFE According to several U.S. media, the sale by the Hong Kong CK Hutchinson group to the US BlackRock of the shares of the Panamanian ports of Balboa and Cristóbal will be delayed beyond the April 2 deadline in the face of Bei…