Joseph Lim :mastodon:<p>BlackRock to buy HK firm’s Panama Canal port stake amid tRump pressure<br>"sale of <a href="https://mastodon.social/tags/Panama" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Panama</span></a> ports licences held by unit of billionaire Li Ka-shing’s conglomerate to a consortium tt incls <a href="https://mastodon.social/tags/BlackRock" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BlackRock</span></a>, Global <a href="https://mastodon.social/tags/Infrastructure" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Infrastructure</span></a> Partners & (🤔ominous?) <a href="https://mastodon.social/tags/TerminalInvestment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TerminalInvestment</span></a> will give it control of 80% interest in Hutchison Ports for equity value of US$14.2bil. It'll get control of 43 ports compr'g 199 berths in 23 countries while deliv'g cash proceeds >US$19b for e HK-based consortium"<br><a href="https://www.straitstimes.com/business/companies-markets/ck-hutchison-sells-panama-ports-to-blackrock-amid-trump-pressure" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">straitstimes.com/business/comp</span><span class="invisible">anies-markets/ck-hutchison-sells-panama-ports-to-blackrock-amid-trump-pressure</span></a></p>