Transportation
Li Ka-shing Ports Sale Draws Interest From France’s Saade Family
The Port of Balboa in Panama City.
Photographer: Walter Hurtado/BloombergShipping giant CMA CGM is angling to be part of a mega-deal that would see the sale of dozens of ports owned by billionaire Li Ka-shing’s CK Hutchison Holdings Ltd.
“We’re watching this very closely,” Chief Financial Officer Ramon Fernandez said Tuesday. “We’re naturally very interested in participating in the solution that hasn’t been found.”