Reported 1 day ago
China's top market regulator has stated that CK Hutchison's proposed sale of its ports operations to a BlackRock-led consortium must undergo an antitrust review and cannot circumvent legal scrutiny. The sale, which involves key ports along the Panama Canal, has sparked political tensions amid U.S.-China trade disputes, with concerns over national interests and port ownership structures intensifying the scrutiny of the deal.
Source: YAHOO