CK Hutchison tipped to sell remaining ports despite Panama court ruling: experts

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Experts believe CK Hutchison Holdings is likely to proceed with selling its remaining port assets despite Panama's Supreme Court nullifying its contract for the Balboa and Cristobal terminals operated by its subsidiary, Panama Ports Company (PPC). The court ruled the contract unconstitutional, sparking geopolitical reactions from Beijing and Washington due to the Panama Canal's strategic importance. While Panama's President aims to maintain operations with PPC until the ruling is final, APM Terminals Panama has offered temporary operation if needed. The sale of CK Hutchison's ports may face scrutiny from Beijing and local authorities, potentially requiring a re-evaluation of the overall deal.
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