Exclusive: Singapore's PSA weighs selling 20% stake in CK Hutchison's ports business, sources say
SINGAPORE (Reuters) -Singapore's PSA International is exploring the sale of its 20% stake in CK Hutchison's ports business, two people with knowledge of the matter said, joining the Hong Kong conglomerate in its controversial plans to sell. Tycoon Li Ka-shing's CK Hutchison announced last month it would sell its 80% holding in the business which includes two ports along the strategically important Panama Canal to a BlackRock-led consortium. U.S. President Donald Trump hailed the deal as a "reclaiming" of the canal.
