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Report: “Intractable Impasse” in Hutchison-BlackRock-MCS Deal Due to China
Summary by The Maritime Executive
2 Articles
2 Articles
Negotiations to finalize a deal to sell the conglomerate CK Hutchison's stake in dozens of ports to a consortium composed of BlackRock and the Swiss group Terminal Investment, which controls the maritime company MSC, owned by Italian shipowner Gianluigi Aponte, have reportedly reached a new impasse after China demanded a "controlling stake" in its state-owned company COSCO. Anonymous sources told the Wall Street Journal that Beijing initially as…
Coverage Details
Total News Sources2
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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