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.
Trump hails 'reclaiming' of Panama Canal after BlackRock-led group's deal to buy stake
U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison , including assets it holds along the Panama Canal.
Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock ...
A consortium led by BlackRock has bought two ports on either side of the Panama Canal just a few weeks after President Trump ...
U.S. investment firm BlackRock announced it is purchasing most of a Chinese company's stake in two key ports on the Panama ...
An investor group backed by BlackRock agreed to buy a majority stake in the Hong Kong-based company that runs ports along ...
After significant pressure was exerted by President Donald Trump, Chinese company CK Hutchison has agreed to sell its two ports on the Panama Canal to U.S. investment company BlackRock per a ...
Shortly afterward, Panama withdrew from China's Belt and Road Initiative ... ports on either end of the Panama Canal. A consortium led by BlackRock, Global Infrastructure Partners, and ...
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.
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