Tag #Ck Hutchison

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nrc.nl
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China Halts Sale of CK Hutchison Ports Amidst Geopolitical Tensions

China's antitrust investigation halts the sale of CK Hutchison's 43 foreign ports to a BlackRock-led consortium, jeopardizing a deal involving key Panama Canal ports and raising concerns about Chinese supply chains and potential higher port fees for Chinese vessels.

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theglobeandmail.com
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CK Hutchison Halts Panama Canal Port Sale Amid Beijing Pressure

CK Hutchison will not sign a deal to sell its Panama Canal port operations to BlackRock next week due to pressure from Beijing, despite a March 4th announcement and expected April 2nd signing, jeopardizing a $19 billion deal covering 43 ports across 23 countries.

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cnnespanol.cnn.com
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China Criticizes Panama Canal Port Sale to BlackRock

China condemned the proposed sale of Panamanian canal ports to BlackRock, calling it a betrayal, causing a 6% drop in CK Hutchison's stock price and raising questions about the deal's future despite analysts believing Chinese approval may not be required.

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dw.com
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BlackRock Buys Panama Canal Ports Amidst US-China Tensions

BlackRock, a US firm, purchased two Panama Canal ports from CK Hutchison for \$19 billion, addressing US concerns about Chinese influence; President Trump celebrated the deal.

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nrc.nl
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US Consortium Acquires Panama Canal Ports Amidst Geopolitical Tensions

CK Hutchison sold its majority stake in Panama Ports Company, which operates ports on both sides of the Panama Canal, to a US-led consortium for roughly €21 billion, amidst US concerns regarding Chinese influence in the region.

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es.euronews.com
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BlackRock Consortium Acquires Panama Canal Ports Amid US-China Tensions

A US-led consortium, including BlackRock, will acquire control of two key Panama Canal ports and 41 others in a \$23 billion deal, amid US concerns about Chinese influence. The deal excludes ports in China or Hong Kong.

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smh.com.au
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Hutchison Port Sale Sparks US-China Geopolitical Tension

CK Hutchison is selling 43 of its 53 ports in 23 countries to a BlackRock-led consortium for $US22.8 billion, sparking controversy due to China's concerns over national security and the US's interpretation of the deal as a victory against China's growing influence.

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theguardian.com
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China Condemns US Acquisition of Panama Ports Company

China condemned the sale of Panama Ports Company to a US-led consortium for $22.8 billion, alleging power politics and claiming it undermines China's national interests; the deal grants the US control of 43 ports across 23 countries and follows pressure from the US government.

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edition.cnn.com
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China Condemns Panama Canal Port Sale to BlackRock

China condemned the proposed $22.8 billion sale of Panama Canal ports to BlackRock, labeling it a "betrayal," causing a 6% stock drop in CK Hutchison, the Hong Kong-based owner, and raising concerns about the deal's future.

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edition.cnn.com
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BlackRock to Buy Panama Canal Ports for $22.8 Billion

BlackRock, a US asset manager, will purchase two Panama Canal ports from a Hong Kong firm for \$22.8 billion, potentially easing concerns about Chinese influence raised by President Trump, who previously asserted China was operating the canal, though it has been run by Panama since 1999.

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lefigaro.fr
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BlackRock Consortium Acquires Panama Canal Ports in $22.8 Billion Deal

A US-led consortium, spearheaded by BlackRock, is purchasing major Panama Canal ports from Hong Kong-based CK Hutchison for $22.8 billion, raising questions about global trade influence and US-China relations.

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kathimerini.gr
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US Accuses China of Indirect Control Over Panama Canal via Hong Kong Firm

Hong Kong billionaire Li Ka-shing's CK Hutchison Holdings faces a legal challenge to its Panama Canal port operations, with the US accusing China of wielding indirect control via the Hong Kong-based firm, triggering a potential seizure of the assets and a review by a Panamanian court.

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Showing 1 to 12 of 12 results