BlackRock, Global Infrastructure Partners GIP and Terminal Investment the consortium are set acquire the 90% interest of Hutchinson Port Holdings' HPH in Panama Ports Company which owns and operates the ports of Balboa picutred and Cristobal in Panama.
In addition, the consortium will acquire CK Hutchison’s 80% controlling interest in subsidiary and associated companies owning, operating and developing a total of 43 ports comprising 199 berths in 23 countries, under subsidiary HPH. The Hong Kong-headquartered group has ports in Asia, including in Malaysia, Myanmar, Thailand and Vietnam, in Brsibane and Sydney in Australia and the Middle East, including Oman, Saudi Arabia and the United Arab Emirates....
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