The board of directors of CK Hutchison Holdings Limited announced that on March 4, the company reached a principle agreement on the preliminary basic terms of the transaction with BlackRock, Inc., Global Infrastructure Partners, and Terminal Investment Limited (collectively referred to as the BlackRock-TiL consortium). The transaction will involve the group's sale of all shares of Hutchison Port Holdings S.a r.l. (HPHS) and all shares of Hutchison Port Group Holdings Limited (HPGHL)
