China Merchants Group is in talks to join a consortium bidding for dozens of CK
Hutchison ports, people familiar with the matter said, reviving momentum in a
deal that had stalled amid geopolitical tensions. The group could help
state-owned Cosco Shipping finance the acquisition, with both firms seeking rare
exposure to over 40 ports. The consortium also includes BlackRock’s GIP fund and
Terminal Investment Ltd. The talks remain complex and require regulatory
approvals from both China and the US.