BlackRock's acquisition of 40 ports, including two near the Panama Canal, is facing delays due to an audit by Panama's government on a concession granted to CK Hutchison. The deal, part of a larger ...
Hong Kong conglomerate CK Hutchison and its owner Li Ka-shing have found themselves in the crosshairs of the Chinese government over a multibillion-dollar port deal, which received heavy criticism in ...
BlackRock could hit another roadblock in its attempt to secure control of two flagship ports near the Panama Canal once the ...
No agreement has been reached so far, with Hutchison, Blackrock still negotiating amid Beijing's antitrust probe and legal turbulence in Panama's courts A high-stakes deal for control over two of the ...
Market regulator empowered to put limits on sale or even halt deal under Anti-Monopoly Law, legal experts explain.
(Reuters) - Canadian Pacific Kansas City said on Wednesday it and U.S.-based Lanco Group have sold the Panama Canal Railway ...
An expected delay in a key step in CK Hutchison's planned sale of its Panama ports to a U.S. group, a deal blasted by Chinese ...
Hong Kong company CK Hutchison's $22.8 billion deal to sell dozens of ports was originally to be inked on April 2.
However, in a surprise twist, China's State Administration for Market Regulation launched an investigation into potential violations of anti-monopoly laws, effectively freezing the sale. This abrupt ...
Hong Kong-listed CK Hutchison became a punching bag of China's diplomatic setback after it signed an “in principle” agreement ...
The transaction has drawn fierce criticism from influential Chinese political offices, including the mainland’s Liaison ...
President Trump has championed the deal, calling it a significant step in bolstering hemispheric defense and reducing China’s ...