Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
Li Ka-shing, Victor Li Participate in Negotiation for Sale of CKH HOLDINGS Port Biz: Wire
Recommend 22 Positive 42 Negative 13 |
||||
|
||||
|
CKH HOLDINGS (00001.HK) announced on Tuesday (4th) that it reached an agreement with BlackRock-TiL consortium to sell its 80% stake in Hutchison Port Holdings (HPHS), and the deal is expected to bring cash proceeds of more than US$19 billion to CKH HOLDINGS. Li Ka-shing, Founder of CKH HOLDINGS, and his eldest son Victor Li, Chairman of CKH HOLDINGS, were both involved in the negotiation of the above deal, and spoke with Larry Fink, Chairman of BlackRock, as well as Adebayo Ogunlesi, Chief Executive Officer of BlackRock's Global Infrastructure Partners (GIP), according to Financial Times. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
