US EditionItalian tycoon emerges as lead investor for CK Hutchison ports, Bloomberg News reports
- Gianluigi Aponte's family-run business is emerging as the lead investor in the acquisition of 43 ports from CK Hutchison, according to Bloomberg News.
- Terminal Investment Limited is seeking to take over CK Hutchison's global container terminal portfolio, which consists of 41 terminals globally.
- The transaction will cost Terminal Investment Limited about $23 billion, including $19 billion in cash, according to a source familiar with the agreement.
- Diego Aponte expressed confidence that the transaction will be approved once Chinese authorities review Terminal Investment Limited.
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Italian tycoon emerges as lead investor for CK Hutchison ports, Bloomberg News reports
Italian billionaire Gianluigi Aponte's family-run business is emerging as the lead investor of a group seeking to buy 43 ports from conglomerate CK Hutchison , Bloomberg News reported on Monday, citing people familiar with the matter.
·United Kingdom
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Italian tycoon — not BlackRock — emerges as lead investor in Panama ports deal: report
Italian tycoon Gianluigi Aponte’s family-run business – not BlackRock – will be the lead investor of a group trying to buy 43 global ports, including key Panama Canal locations, from a Hong Kong business magnate, according to a report.
·New York, United States
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Total News Sources12
Leaning Left1Leaning Right4Center4Last UpdatedBias Distribution44% Center, 44% Right
Bias Distribution
- 44% of the sources are Center, 44% of the sources lean Right
44% Right
11%
C 44%
R 44%
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