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 Panama Maritime Authority will review all legal and financial documents related to the acquisition of Panama Ports Company by a BlackRock (NYSE:BLK)-backed consortium, Minister to the Presidency Juan Carlos
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 Kong-based CK Hutchison in a multipart transaction worth $22.8 billion, the companies announced on Tuesday.
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