Latest news with #TerminalInvestmentLtd.
Bloomberg
14-04-2025
- Business
- Bloomberg
Italy's Secretive Shipping Tycoon Has Been Thrust Into Spotlight With New Port Deal
Gianluigi Aponte, the secretive Italian billionaire who founded MSC Mediterranean Shipping Co SA, has emerged as a powerful broker in a $19 billion port deal with Hong Kong tycoon Li Ka-shing. Aponte and his family-controlled Terminal Investment Ltd., known as TiL, are the main investors in a consortium that has proposed a $19 billion accord to buy 43 ports from Li's CK Hutchison Holdings, people familiar with the matter have said.
Bloomberg
14-04-2025
- Business
- Bloomberg
Italian Tycoon Eclipses BlackRock in Li Ka-shing's Port Deal
Italian billionaire Gianluigi Aponte's family-run business is emerging as the lead investor of a group seeking to buy 43 ports from Hong Kong tycoon Li Ka-shing, people familiar with the matter said, a deal that's been fiercely opposed by China over US involvement. The Aponte family's Geneva-based Terminal Investment Ltd., known as TiL, will be the sole owner of all the ports after the deal is completed except for two in Panama that would be controlled by BlackRock Inc., the people said, asking not to be identified discussing previously unreported details of the deal's structure.
