CK Hutchison Holdings Ltd. (00001) saw its shares surge 14.88% in pre-market trading on Wednesday, as the Hong Kong-based conglomerate agreed to sell its controlling stake in Panama Ports Company, which operates ports at both entrances of the Panama Canal, to a consortium led by BlackRock Inc. for around $23 billion.
The deal comes amid mounting pressure from the Trump administration, which has alleged, without evidence, that China is controlling the strategic waterway. President Trump has threatened to "take back" the Panama Canal, which is owned and operated by Panama, citing concerns over Chinese influence in the region.
Under the agreement, the BlackRock-led consortium, which includes Global Infrastructure Partners and Terminal Investment Limited, will acquire CK Hutchison's 80% interest in subsidiary Hutchison Port Holdings. The deal also includes Hutchison Port Holdings' 90% stake in Panama Ports Company, which operates the ports of Balboa and Cristobal on the Pacific and Atlantic sides of the canal, respectively.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。