CK Hutchison is exploring a restructured sale of dozens of ports to a global consortium by breaking the transaction into smaller parcels with differing ownership structures, Bloomberg News reported on Friday, citing people familiar with the matter.
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Under the proposed arrangement China’s state-owned COSCO Shipping Corp could take larger stakes in ports located in regions seen as more aligned with Beijing, such as Africa, the report said.
Other members of the consortium, including A… [435 chars]
Source: Reuters | Published: 2026-01-23T08:58:48Z
Credit: Reuters
