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.
Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock ...
The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports to a consortium led by BlackRock, Global Infrastructure Partners, and ...
A consortium led by BlackRock has bought two ports on either side of the Panama Canal just a few weeks after President Trump ...
The deal puts U.S. firms in control of two ports that President Trump raised as a security concern because of their ...
U.S. investment firm BlackRock announced it is purchasing most of a Chinese company's stake in two key ports on the Panama ...
BlackRock, the world’s largest asset manager with a portfolio of investments valued at $11.5 trillion, has agreed to purchase majority stakes in ports on both sides of the Panama Canal from Hong ...
The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he ...
The trade war is already sending merger troops to the front line. BlackRock shook hands on a deal to buy ports along the ...
BlackRock’s move reflects the view that America’s best chance to counter China will hinge on private investment.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback