BlackRock Acquires Panama Ports from CK Hutchison in $23 Billion Deal
Автор: Port Trucker
Загружено: 2025-03-15
Просмотров: 10
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BlackRock has led a consortium to acquire an 80% stake in CK Hutchison Holdings’ global port operations for approximately $22.8 billion. The deal includes 43 ports across 23 countries, with a focus on Panama Ports Company, which operates the Balboa and Cristobal ports—key entrances to the Panama Canal on the Pacific and Atlantic sides (Reuters).
CK Hutchison, a Hong Kong-based conglomerate, has managed these Panamanian ports since the late 1990s. The sale comes as the company restructures its portfolio, refocusing its business priorities (Wall Street Journal). The final documentation for the Panama Ports Company transaction is expected to be signed on or before April 2, 2025, pending regulatory approvals and due diligence processes (Newsroom Panama).
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