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PSA International may sell its stake in CK Hutchison's ports business as part of a $14.2 billion deal.
PSA International is considering selling its 20% stake in CK Hutchison's ports business, which includes two Panama Canal ports, valued at $14.2 billion. This move follows CK Hutchison's plan to sell its 80% holding to a BlackRock-led consortium. PSA's decision will depend on CK Hutchison's transaction progress, as the two companies have agreed to exclusive talks for 145 days.
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