Li Ka-shing, 96, has pulled off a significant deal by selling his global ports business to a consortium led by BlackRock Inc. in exchange for $19 billion. The move comes after pressure from the US Trump administration over two Panama canal ports controlled by CK Hutchison Holdings Ltd.
Source: https://www.bloomberg.com/news/articles/2025-03-05/li-ka-shing-exits-global-ports-business-with-19-billion-in-cash