CK Hutchison Delays $23bn Ports Deal as US-China Tensions Grow over Panama Sale

CK Hutchison delays $23bn ports deal as US-China tensions grow over Panama sale

CK Hutchison’s $22.8bn ports sale faces delays, with the BlackRock-led consortium talks likely to extend past the July 27 deadline, as the deal draws scrutiny over Panama assets amid rising US-China tensions.

CK Hutchison ports deal talks likely to be extended, sources say

Hong Kong conglomerate’s plan to sell the business has become politicized amid China-U.S. trade tensions

The looming deadline for the Panama Canal ports deal

China will approve their sale. But there’s a huge catch

CK Hutchison Ports Deal Deadline Likely to be Extended as US-China Tensions Weigh

CK Hutchison's plan to sell most of its $22.8 billion ports business is unlikely to be finalized anytime soon, with political brinkmanship set to continue, and sources saying that a Sunday deadline for exclusive talks was likely to be extended.

Reuters: 27 July Hutchison deal deadline likely to be extended - The Loadstar

REUTERS reports that the negotiations between Hutchison, BlackRock and MSC are likely to be extended beyond the initial 27 July deadline due to the refusal of Chinese regulators to approve the deal without the inclusion of Cosco. The full report can be found here, and readers should expect a lot more to-ing and fro-ing to get it over the line… The post Reuters: 27 July Hutchison deal deadline likely to be extended appeared first on The Loadstar.

CK Hutchison ports deal deadline likely to be extended as US-China tensions weigh: sources

CK Hutchison’s plan to sell most of its US$22.8 billion ports business is unlikely to be finalised anytime soon, with political brinkmanship set to continue, and sources saying that a Sunday (Jul 27) deadline for exclusive talks was likely to be extended.