Li Ka-shing Strikes $19 Billion Deal to Exit Global Ports Business
Collitcomedia06 Mar, 2025Business
Hong Kong’s richest man, Li Ka-shing, has once again demonstrated his deal-making prowess, orchestrating a $19 billion transaction to offload the bulk of his global ports business. The 96-year-old business magnate’s company, CK Hutchison Holdings Ltd., announced plans to sell its port assets to a consortium led by BlackRock Inc., marking one of the most significant divestments in Li’s career.
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