· 2d · on MSN
Panama to request legal, financial documents on CK Hutchison-BlackRock port deal
· 4d · on MSN
BlackRock strikes deal to bring ports on both sides of Panama Canal under American control
BlackRock's $23 Billion Panama Canal Deal: What We Know So Far
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 Terminal Investment Limited.
Panama maintains that it has full control over the canal and that the Hong Kong-based group’s operation of the ports did not amount to Chinese control.
PANAMA CITY (Reuters) -The Panama Maritime Authority ... a key transaction between CK Hutchison and a consortium backed by BlackRock , minister to presidency Juan Carlos Orillac said on Friday.
BlackRock's involvement signals a shift from a Hong Kong-based company to a US-led consortium, aligning with Trump's strategy.
Panama City (AFP) – Hong Kong firm Hutchinson sold its Panama Canal ports to US company BlackRock after US President Donald Trump's refused to rule out a military invasion of Panama to retake ...
Trump threatened to take back the canal because of what he called Chinese influence. CK Hutchison, a Hong Kong company, is selling its control in a firm that ran two ports on the canal.
on the outskirts of Panama City, Panama April 19, 2023.Reuters/ARIS MARTINEZ BlackRock stock edged higher a day after it announced a deal to help acquire two ports in Panama. President Trump has ...
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