Hutchison eyes Chinese strategic partner to get $22.8bn ports deal over the line

CK Hutchison, the Hong Kong-based conglomerate, confirmed on Monday that it is in discussions to bring a “major strategic investor” from China into the bidding consortium for its $22.8bn global ports business. The move follows the expiration of a 145-day exclusivity agreement with the original buyers’ group and comes amid intensifying regulatory scrutiny from Beijing. …

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