BlackRock to take control of ports in Panama Canal from Hong Kong firm as US worries over Chinese influence grow
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 American Conservative1d
BlackRock to Buy Chinese Ports on Panama Canal
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 ...
BlackRock strikes $23 billion deal to place Panama Canal ports under American control
Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock ...
BlackRock (BLK) Pays $22 Billion for Majority Stake in Ports on Either Side of Panama Canal
U.S. asset manager BlackRock (BLK) has taken majority stakes in the ports on either side of the Panama Canal in a deal worth ...
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 ...
Traders Magazine3d
BlackRock Says Preqin Acquisition Could Transform Markets
Buy-side giant aims to combine public- and private-market investment, technology, and data solutions on one platform.
Li Ka-Shing’s CK Hutchison To Sell Panama Canal Ports To BlackRock As Part Of $23 Billion Deal
The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he ...
BlackRock inks $23B deal for Panama Canal ports
BlackRock will purchase the ports of Cristobal and Balboa on the Atlantic and Pacific ends of the Panama Canal after President Trump raised concerns about Chinese influence.
Opinion
In Latin America, China is finally losing ground
Mexico is reviewing its tariff policy over China, and an American investor group has signed a huge deal taking control over key ports near the Panama Canal, indicating that Trump’s America ...