Hutchison, government seek ‘reasonable way out’ as Panama ports deal deadline nears


Tycoon Li Ka-shing’s CK Hutchison Holdings and the Hong Kong government are discussing “a reasonable way out” with a week to go until the deadline for sealing a controversial deal to sell its two Panama ports to a consortium led by US investment firm BlackRock, the Post has learned.

Sources said on Wednesday that the government had approached Hutchison immediately after learning from its surprise announcement on March 4 that it was selling all its overseas port operations to a group led by the US firm.

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