
Strategic Partner Sought in Billion-Dollar Ports Deal
Published on: July 28, 2025, 5:48 a.m. | Source: Devdiscourse
CK Hutchison seeks a major Chinese investor to join a consortium bidding for its $22.8 billion ports business. The involvement of China COSCO Shipping Corp could reshape the consortium's structure to secure regulatory approvals. The deal involves ports near the Panama Canal, amid US-China tension.