Italian Tycoon Eclipses BlackRock in Li Ka-shing’s Port Deal

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.

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