Drewry reflects on CK Hutchison’s ports business sale

The image shows Hutchison Ports PPC, Panama

Source: CK Hutchison

CK Hutchison has sold an 80% stake in Hutchison Ports Holdings to a BlackRock-led consortium, marking a major shift in port investment strategy says a new Drewry financial insight.

The $22.8bn deal includes 43 ports across 23 countries, excluding terminals in Mainland China and Hong Kong. It’s a move which strengthens BlackRock’s infrastructure portfolio while giving CK Hutchison nearly $19bn in cash proceeds - almost equal to its market capitalisation as of mid-2024.

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