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 ...
A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama ...
Hong Kong’s CK Hutchison Holdings is selling its two strategically located Panama ports to an investment group led by U.S.
16hon MSN
CK Hutchison Holdings (CKH) is stepping back from the business of seafaring commerce, as rising US-China tension and an ...
The BlackRock-TiL consortium, comprising financial giant BlackRock and Terminal Investment (TiL), will buy CK Hutchison ...
# The Hong Kong-based conglomerate, unveiling its net $17.165bn exit from international ports operations via their proposed sale to a consortium featuring its long-time partner, Mediterranean Shipping ...
The agreement will give a BlackRock consortium a majority stake in two terminal ports. Trump has said he wants the trade ...
CK Hutchison’s decision could be the start of a pattern of firms forced to rethink their financial strategies, observer says.
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