China Merchants Joins Talks for CK Hutchison’s Vexed Ports Sale
Ports operator China Merchants Group is in talks to join a consortium seeking to buy dozens of CK Hutchison Holdings Ltd.’s ports, people familiar with the matter said, giving renewed...
By Shirley Zhao, Dong Cao · Bloomberg
Ports operator China Merchants Group is in talks to join a consortium seeking to buy dozens of CK Hutchison Holdings Ltd.’s ports, people familiar with the matter said, giving renewed momentum to a deal that stalled after emerging as a geopolitical flashpoint between China and the US.