Goldman Wins Rare Solo Role on Blockbuster $19 Billion Deal (1)

March 6, 2025, 6:35 AM UTC

One of the biggest infrastructure deals in recent years has a clear winner on Wall Street: Goldman Sachs Group Inc.

Goldman is currently the only investment bank working on the sale of CK Hutchison Holdings Ltd. ports to a consortium led by BlackRock Inc., according to people familiar with the matter.

The transaction — with proceeds of $19 billion — includes two ports on either side of the Panama Canal, which Donald Trump has long wanted in US hands.

A small group of Goldman bankers from Hong Kong to New York, led by senior executives John Waldron and ...

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