Reported about 21 hours ago
Goldman Sachs has clinched a rare exclusive role as the sole investment bank in the $19 billion sale of CK Hutchison Holdings Ltd. ports to a consortium led by BlackRock, marking a significant infrastructure deal. The quick agreement followed a competitive process, with Goldman successfully managing the transaction amid high interest from potential bidders. CK Hutchison's shares surged by 22%, the largest increase since 1998.
Source: YAHOO