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