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China firms in talks to join group to buy Li Ka-shing's ports
The Straits Times
|June 14, 2025
Development raises hopes that Beijing's concerns over proposed deal could be eased
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HONG KONG - China's largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li Ka-shing's global ports, according to people familiar with the matter, in an effort to ease Beijing's concerns over the controversial deal.
China Cosco Shipping is one of several Chinese state-backed companies in discussions with the consortium led by Italian billionaire Gianluigi Aponte's Terminal Investment on matters including how they might participate in the port deal, the people said.
The buying group also includes US firm BlackRock and its Global Infrastructure Partners unit.
The inclusion of Chinese investors in the consortium emerged as one of the options to advance the ports sale after high-stakes talks in Switzerland in May between Chinese and US officials, some of the people said.
यह कहानी The Straits Times के June 14, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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