CK Hutchison, through Hutchison Port Holdings (HPH), reached an in-principle agreement whereby HPH’s 90 percent interests in Panama Ports Company, which owns and operates the ports of Balboa and Cristobal in Panama, will be sold to the BlackRock-Terminal Investment (TiL) consortium.
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BlackRock-TiL consortium buys 90% stake in Panama Ports Company
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BlackRock-TiL consortium buys 90% stake in Panama Ports Company

CK Hutchison sells stake in Panama Ports Company, 80% stake in 43 ports globally for enterprise value of $22.8 billion.