BlackRock Agrees to Buy Panama Canal Ports as Trump Continues Threats
BlackRock, America’s largest asset manager which handles over $11 trillion in assets, has agreed to purchase two ports on either end of the Panama Canal. BlackRock is buying the ports from Hong Kong-based CK Hutchison in a deal worth about $22.8 billion.
The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports ...
China’s presence in Panama has expanded rapidly, sparking fears in Washington. But Panama has already started shifting its ...
A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama ...
Panamanian president rejects Trump's claim of "reclaiming" the Panama Canal after U.S. firm BlackRock's $22.8B deal. Follow ...
The agreement will give a BlackRock consortium a majority stake in two terminal ports. Trump has said he wants the trade ...
Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock ...
A cargo ship sails through the Panama Canal, in Panama City, June 13, 2024. (AP Photo/Matias Delacroix, File) U.S. Secretary ...
The Panama Canal's water levels have been dwindling, and this shift will have significant economic consequences for the ...
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