Under fierce pressure from US President Donald Trump, the Hong Kong firm Hutchison said it had agreed to sell its lucrative Panama Canal ports to a US-led consortium on Tuesday.
CK Hutchison Holdings said it would offload a 90 percent stake in Panama Ports Company, and sell a slew of other non-Chinese ports to a group led by giant asset manager BlackRock. The purchase price of the transaction is $14.2 billion and it will net sellers more than $19 billion in cash, CK said in a news release.
Trump even refused to rule out a military invasion of Panama to regain control, sparking angry protests in the Central American nation. "This transaction is the result of a rapid, discrete but competitive process in which numerous bids and expressions of interest were received," said Sixt, who described the chosen agreement as"clearly in the best interests of shareholders."
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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