China’s CK Hutchison announced that it has an agreement in principle to sell its international ports portfolio including the controversial terminals in Panama to a consortium being led by famed U.S. investment group BlackRock in partnership with Terminal Investment Limited (TiL), MSC Group’s terminal operator. The deal valued at $22.8 billion (enterprise value) is for 80 percent ownership of CK Hutchison’s portfolio of 43 global ports and in a parallel agreement for 90 percent ownership of...