CK Hutchison, through Hutchison Port Holdings (HPH), reached an in-principle agreement whereby HPH’s 90 percent interests in Panama Ports Company, which owns and operates the ports of Balboa and Cristobal in Panama, will be sold to the BlackRock-Terminal Investment (TiL) consortium.

#CKHutchison #HutchisonPortHoldings #HPH #PanamaPortsCompany #BlackRockTerminalInvestment #Panama #Shipping
CK Hutchison, through Hutchison Port Holdings (HPH), reached an in-principle agreement whereby HPH’s 90 percent interests in Panama Ports Company, which owns and operates the ports of Balboa and Cristobal in Panama, will be sold to the BlackRock-Terminal Investment (TiL) consortium. #CKHutchison #HutchisonPortHoldings #HPH #PanamaPortsCompany #BlackRockTerminalInvestment #Panama #Shipping
BlackRock-TiL consortium buys 90% stake in Panama Ports Company
www.logupdateafrica.com
"The transaction is commercial in nature & unrelated to recent political news reports concerning the Panama Ports."
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