Hong Kong-based conglomerate CK Hutchison, headed by magnate Li Ka-shing, will not proceed with signing a deal next week to sell its two key ports at the Panama Canal to the MSC/BlackRock consortium, according to recent reports.
Although the signing of the agreement was initially scheduled for April 2, following an announcement on March 4, the delay does not imply the deal is off.
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However, the transaction has drawn criticism from Chinese...
https://container-news.com/ck-hutchison-pulls-back-from-panama-ports-sale/