Group Led by BlackRock to acquire the Panama Canal ports from CK Hutchison

Notes

CK Hutchison Holdings Limited has recently announced its intention to sell its 90% stake in the Balboa and Cristobal ports located in Panama. In addition, the company is offloading its 80% interest in 43 other ports across 23 countries, while retaining ownership of its ports in Hong Kong, Shenzhen, South China, and other locations within China. The buyer for this transaction is the BlackRock-TiL Consortium.