Blackrock

PSA mulls sale of its stake in CK Hutchison

Singapore’s port and terminal operator PSA International is considering selling its 20% stake in CK Hutchison’s global ports business, according to a report by Reuters.

The potential divestment comes as CK Hutchison seems to move forward with plans to sell its 80% stake in the business—valued at US$14.2 billion —to a consortium of BlackRock and MSC. The deal, which includes ports in 23 countries but excludes those in Hong Kong and mainland China, has sparked geopolitical attention due to its...

https://container-news.com/psa-mulls-sale-of-its-stake-in-ck-hutchison/

Κινδυνεύει με ναυάγιο το deal της BlackRock για έλεγχο των λιμανιών του Παναμά;

Ο Τραμπ είχε ανακοινώσει το deal με ενθουσιασμό στην πρώτη, μετά την επανεκλογή του, ομιλία ενώπιον του Κογκρέσου. Ένας αμερικανικός κολοσσός, η BlackRock, αποκτούσε τον έλεγχο των δύο βασικών λιμανιών…

Κινδυνεύει με ναυάγιο το deal της BlackRock για έλεγχο των λιμανιών του Παναμά; – Η ΝΑΥΤΕΜΠΟΡΙΚΗ

https://www.naftemporiki.gr/maritime/1942518/kindyneyei-me-nayagio-to-deal-tis-blackrock-gia-elegcho-ton-limanion-toy-panama/

Panama to file charges over alleged sweetheart port contract

The comptroller of Panama said on Monday that the country will file criminal complaints against officials at CK Hutchison Holdings, the Hong Kong conglomerate that runs ports on each end of the Panama Canal, as well as Panamanian government officials, after determining that CK Hutchison’s contract heavily disadvantages Panama, the Financial Times reported.

The announcement comes as CK Hutchison considers a $23 billion sale of operations at the two ports to a consortium including U.S.-based...

https://www.freightwaves.com/news/panama-to-file-charges-over-alleged-sweetheart-port-contract

CK Hutchison’s Panama Port Concession Under Fire as $22.8B Deal Hangs in the Balance

Panama’s Comptroller General office will file a lawsuit against the officials who authorized the renewal of a 25-yearport concession to a company led by CK Hutchison 0001.HK, the comptroller general said on Monday, as a key audit of the contract is expected to be completed soon.

https://gcaptain.com/ck-hutchisons-panama-port-concession-under-fire-as-22-8b-deal-hangs-in-the-balance/

China Moves to Block CK Hutchison Deal: Protecting Strategic Port Influence

Beijing’s move to block the sale of CK Hutchison’s overseas port division to BlackRock and Mediterranean Shipping Co (MSC) reflects its strategic interest in maintaining control over key maritime infrastructure.

CK Hutchison’s subsidiary, Hutchison Ports, a major global player, operates 43 ports with 199 berths across 23 countries, and the potential sale deal could shift influence over critical geopolitical assets.

Hutchison Ports’ network includes key strategic locations in Felixstowe (UK),...

https://container-news.com/china-moves-to-block-ck-hutchison-deal/

As China blocks terminals deal, BlackRock chief says ports ‘will define the future’

The chairman of one of the largest global investment managers says ports are as critical to future infrastructure of the global economy as data centers and power grids.

BlackRock Chairman Laurence Fink in an annual letter to investors said that’s why the company spent 2024 transforming itself into a leader in private markets, the better to get a jump on what it estimates will be a $68 trillion infrastructure boom.

“Assets that will define the future—data centers, ports, power grids, the world’s...

https://www.freightwaves.com/news/as-china-blocks-terminals-deal-blackrock-chief-says-ports-will-define-the-future

Geopolitical Implications of CK Hutchison Port Sale for China

A social media post from a China Central Television-affiliated account briefly surfaced on 29 March, criticizing CK Hutchison’s decision to divest its Panama Canal-proximate ports to a consortium of BlackRock and MSC.

The post, which was quickly removed, claimed the sale compromised China’s significant national interests, likening it to “handing a knife to an opponent”.

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https://container-news.com/geopolitical-implications-of-ck-hutchison-port-sale-for-china/

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