Billionaire Li Ka-shing’s CK Hutchison Holdings Ltd. is renewing efforts to sell dozens of ports to a global consortium by splitting the deal into separate parcels with different ownership structures, people familiar with the matter said.
The arrangement could give China Cosco Shipping Corp. larger stakes of ports in regions more friendly with China such as Africa, while other parties in the consortium including Italian billionaire Gianluigi Aponte’s Terminal Investment Ltd. and US investment firm BlackRock Inc. may have greater control elsewhere, said the people, who asked not to be identified discussing private matters.
