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CKH's Port Sale Plan Reportedly Slowed by Intricate Negotiations
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CKH HOLDINGS (00001.HK)'s transaction to sell 43 port assets has slowed down, Bloomberg reported, citing sources. Although negotiations have been ongoing for several months, there are disagreements among consortium parties regarding influence and strategic direction, making the transaction timeline unclear. Unresolved issues are said to include the role of China COSCO Shipping Corporation within the consortium, as the group has been in talks to join the BlackRock-TiL consortium led by BlackRock. AAStocks Financial News |
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