Beijing looks to put the brakes on the sale of Hutchison Ports
Beijing has moved to prevent the sale of CK Hutchison’s ports division to BlackRock and Mediterranean Shipping Co (MSC), a transaction that was meant to have gone through tomorrow. The decision last month by the Li Ka-shing-controlled conglomerate to sell 80% of Hutchison Ports for $22.8bn in a record-breaking ports transaction that covers 43 ports …
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