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CK Hutchison Seeks $1.5 Billion for Loss of Panama Assets

Key Points

CK Hutchison Holdings Ltd. commenced international arbitration proceedings against Panama, seeking more than $1.5 billion in damages over the loss of its investments in two ports on the country’s strategic canal.

CK Hutchison Holdings Ltd. commenced international arbitration proceedings against Panama, seeking more than $1.5 billion in damages over the loss of its investments in two ports on the country’s strategic canal.
Panama (LOCATION) Hutchison Holdings Ltd. (ORG)
Originally published by Bloomberg Markets Read original →