Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock ...
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 ...
U.S. investment firm BlackRock announced it is purchasing most of a Chinese company's stake in two key ports on the Panama ...
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 ...
The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he ...
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 ...
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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