CK Hutchison shares surge on Panama ports deal
Shares of CK Hutchison Holdings (CKHH), the flagship of retired Hong Kong billionaire Li Ka-Shing’s corporate empire, have surged over 30% in the past two days after the conglomerate sold its stake in two Panama Canal ports to a BlackRock-led consortium amid pressure from US President Donald Trump.
CK Hutchison said it would sell 80 per cent of its stakes in 43 ports in 23 countries, including Panama but excluding ...
Hong Kong conglomerate CK Hutchison Holdings Limited's ports subsidiary plans to invest $1 billion to upgrade its operations ...
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Goldman Sachs Leads $19 Billion Sale Of CK Hutchison Ports To BlackRock ConsortiumGoldman Sachs is leading on one of the largest infrastructure transactions in recent years. Goldman Sachs is the sole ...
CK Hutchison Holdings (CKH) is stepping back from the business of seafaring commerce, as rising US-China tension and an ...
Goldman Sachs (GS), which historically ranks in the upper echelon of Wall Street banks, notched a major win as the only ...
Port of Felixstowe owner CK Hutchison has announced that the port is being sold to a consortium including MSC in a £15 billion deal.
CK Hutchison’s decision could be the start of a pattern of firms forced to rethink their financial strategies, observer says.
Conglomerate CK Hutchison Holdings is expected to continue focusing on acquisitions, spinoffs, and cost-containment to raise its profit. We think efforts to improve customer retention at its drugstore ...
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