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China to review CK Hutchison-BlackRock port deal: SAMR publication

( March 28, 2025, 13:50 GMT | Official Statement) -- MLex Summary: China's State Administration for Market Regulation, or SAMR, will conduct a review of CK Hutchison's plan to sell port assets to a consortium led by BlackRock, according to an article posted on the authority's official publication. SAMR will examine the deal in accordance with laws to protect fair market competition and safeguard the public interest, the article said, citing the head of SAMR's Antimonopoly Bureau Two. On March 4, Hong Kong-listed conglomerate CK Hutchison said it intends to offload a large part of its port operations, including strategic locations on both sides of the Panama Canal. The article follows....

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