Hong Kong-based conglomerate has agreed to sell its shares in a subsidiary operating near the Panama Canal to a consortium, including Global Infrastructure Partners, a subsidiary of BlackRock Inc. According to reports, US President Donald Trump alleged Chinese interference with the shipping line operations. Nigerian billionaire, Adebayo Ogunlesi’s firm, Global Infrastructure Partners, will operate the deal via collaboration with TIL. In a filing, CK Hutchison Holdings disclosed that it would sell all shares in the Hutchison Port Holdings and Hutchison Port Group Holdings to the Consortium in a deal estimated…
Read MoreNigerian Billionaire Buys Panama Canal Ports For $23 Billion After Acquiring UK Airport
