HONG KONG — CK Hutchison Holdings said Monday that it plans to invite a “major strategic investor” from mainland China to join a consortium of buyers, following criticism from Beijing over its plan to sell dozens of ports, including two around the Panama Canal.
The investor, who has not been disclosed by the multinational conglomerate, will join as a “significant member” of a consortium that includes U.S. asset manager BlackRock, which is seeking to acquire stakes in the ports. Talks over a deal valuing the sales of 43 ports at $22.8 billion expired on Sunday, the company said.