PSA shelves Hutchison stake sale
2023-07-13 10:46

PSA shelves Hutchison stake sale

by Hristijan Ivanov
PSA shelves Hutchison stake sale

"The global economy might have passed its peak ports moment.

Bloomberg is reporting Singaporean terminal operator PSA International has ditched plans to sell its 20% stake in Hutchison Ports with limited interest unwilling to fork out the $4bn PSA was after. PSA bought the stake in 2006 for $4.4bn." See the original story at: Splash247.

Source: Splash247