US EditionHong Kong's CK Hutchison seeks Chinese investor to join Panama Ports deal
- CK Hutchison Holdings announced on July 28 that its exclusive negotiation period with a consortium for the $23 billion sale of stakes in 43 ports, including Panama Canal terminals, has expired.
- The exclusivity ended due to complex geopolitical tensions and regulatory reviews, including China's precondition that COSCO join to protect its interests in the deal.
- The primary purchaser is a group including Terminal Investment Limited and BlackRock, while Hutchison has indicated ongoing talks about bringing in a key Chinese investor to secure regulatory approvals.
- A Beijing-supported newspaper condemned the deal as a "betrayal of all Chinese," prompting Chinese regulators to examine the transaction, while Hutchison stated that adjustments in the parties involved and the transaction’s framework are required.
- Hutchison plans to continue discussions for new arrangements that satisfy all authorities, but no certainty exists that the deal will be completed or that other bids may not be considered.
28 Articles
28 Articles
CK Hutchison wants Chinese firm to join bidding for its US$22.8 billion ports business
HONG KONG: CK Hutchison said on Monday it wants a major Chinese strategic investor to join the BlackRock-led consortium bidding for its US$22.8 billion ports business, after media reported that state-owned China COSCO Shipping Corp aims to join the group. © New Straits Times Press (M) Bhd
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By P.R. Venkat CK Hutchison Holdings is in talks with a BlackRock-led consortium to include a strategic investor from China to push ahead with its plans to sell ports on either end of the Panama... -July 27, 2025 at 09:12 pm EDT MarketScreener
Investors are regaining enthusiasm for Li Ka-shing and his company, CK Hutchison Holdings, despite a delay in the company's plan to sell 43 ports, with optimism fueled by the news that a Chinese shipping giant is finding its way to the global deal.CK Hutchison's shares, which ranged between profits and losses since the company first announced the agreement on March 4, reached its highest level of the year on Friday after China's state-owned Cosc…
Investors Revive Interest in CK Hutchison Despite Deal Delay
Investors are regaining enthusiasm for CK Hutchison Holdings Ltd. despite a delay in the company’s plan to sell 43 ports, with optimism fueled by news that a Chinese shipping behemoth is finding its way into the global deal.
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