ports

BlackRock consortium agrees $22.8bn ports deal with CK Hutchison

BlackRock, Global Infrastructure Partners and Terminal Investment will control the two ports in the Panama Canal; the deal includes ports in Asia, Australia, Europe, and the Middle East, but not in Hong Kong or mainland China. CK Hutchison's co-managing director Frank Sixt said the deal "is purely commercial in nature".

March 05, 2025

Adani Ports and SEZ buys 80% of Singapore’s Astro

APSEZ has sealed the deal for $185m in cash, which will help it expand offshore support vessel operations in the Middle East, the Indian subcontinent, Far East Asia and Africa.

September 02, 2024

Westports raises $624 million and Baidu unit files for US IPO

The recent spike in IPO activity continues with Philippine casino operator Travellers and NW Hotel Investments flagging they are ready to launch after a three-month delay and Qunar planning the largest Chinese listing in the US in two years.

October 01, 2013

Westports set to launch largest Malaysian IPO this year

The ports operator is aiming to raise up to $626 million, with more than 80% of the deal already taken up by domestic institutions and cornerstones.

September 16, 2013

Southeast Asian placements raise a combined $565 million

International Container Terminal in the Philippines raises $199 million of fresh capital, while Thailand’s Central Pattana and two shareholders pocket a combined $366 million.

May 14, 2013

Block trade in International Container Terminal raises $83 million

An unnamed corporate vendor sells its entire 2.6% stake in the Philippine company through a well-anchored deal.

October 15, 2012

Hutchison-backed trust prices IPO above the mid-point

HPH Trust, which owns and operates key ports in Hong Kong and Yantian, will raise $5.45 billion from its Singapore IPO after fixing the price at $1.01 per unit.

March 13, 2011

Hutchison ports trust seeks $5.8 billion from Singapore listing

Eight cornerstones will buy $1.62 billion worth of the deal, while the preferential offering will account for at least $388 million to $460 million.

February 28, 2011

Pre-marketing starts for Hutchison's port IPO

HPH Trust is expected to raise about $6 billion before listing as a business trust in Singapore next month.

February 15, 2011

Hutchison to float ports business in Singapore

The Hong Kong conglomerate has flagged an intention to spin off its container ports assets in Hong Kong and Guangdong for a separate listing that market sources estimate could raise as much as $5 billion to $7 billion.

January 18, 2011