Purchase of Panama railway 'a significant opportunity' for ambitious APMT
Maersk’s port arm, APM Terminals, has bought the Panama Canal Railway Company (PCRC), which runs ...
Tomorrow’s deadline for CK Hutchison to sell its 90% stake in Panama Ports Company (PPC) to the BackRock-Terminal Investment (TiL) consortium is expected to be missed, as the political fall-out from the deal continues.
The sale of PPC was, effectively, separated from the main $22bn deal to acquire an 80% stake in Hutchison’s global portfolio, because at the time it was announced, the Panamanian government was investigating the legitimacy of PPC’s concession agreement, which was extended for a 25-year period in ...
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