Tag: stake
China criticises Hong Kong firm’s sale of majority stake in Panama ports
Commentary urged CK Hutchison to ‘think twice’ about ‘what position and side they are on’ in sale to US investors China has criticised the sale of the business that controls ports in Panama to US investors, saying the Hong Kong-based parent company should “think twice” and that the $22.8bn deal is “power politics” that is…
Hong Kong firm to sell stake in Panama ports amid Trump pressure
Deal with US finance giant BlackRock, valued at almost $23bn, comes amid push to curb perceived China influence CK Hutchison Holdings, the Hong Kong-based logistics giant, announced plans to sell a majority stake in a business that controls ports in Panama to investors including the US financial giant BlackRock in a deal worth almost $23bn.…
RFK Jr. plans to keep a financial stake in lawsuits against the drugmaker Merck
By Sydney Lupkin Even if Robert F. Kennedy Jr. is confirmed as the next Health and Human Services secretary, he still plans to collect fees from Wisner Baum, a law firm suing Merck over claims that the pharmaceutical company failed to properly warn consumers about risks from its HPV vaccine, Gardasil, according to new filings…