
qinbafrank|Mar 05, 2025 06:28
Hutchison Whampoa sells two ports on the Panama Canal to a consortium led by BlackRock for a transaction amount of $19 billion. The core consists of two key ports of the Panama Canal - Cristobal on the Atlantic side and Balboa on the Pacific side. These two ports have been operated by Hutchison Whampoa since 1997 and have renewed their franchise for 25 years in 2021. Tell Huang that this is a purely commercial transaction 😏
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