CMA CGM eyes HPH sale after Ceva shines in a 'stable' second quarter
CMA CGM has expressed interest in the Hutchison Port Holdings (HPH) sale in a bid ...
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© Siri Wannapat
| Dreamstime.com
It is beginning to look increasingly likely that the sale of Hutchison’s Panama Ports Company (PPC) is to be bifurcated from the sale of the global rump of the business to the TiL-BlackRock consortium.
Clearly, it’s become ensnared in the multi-faceted supply chain-geopolitik that is disrupting the entire market, and it seems to this writer that the odds are shortening that PPC might be carved out of the Hutch acquisition if it becomes too much more of a drag.
Panama prognosis
But it ...
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