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.
U.S. investment firm BlackRock announced it is purchasing most of a Chinese company's stake in two key ports on the Panama ...
Shares in CK Hutchison soared 25 per cent in Hong Kong on Wednesday (Mar 5) after it agreed to sell its lucrative Panama ...
The deal could have 'unintended consequences' for Hong Kong's role as a super-connector between China and the world. Read ...
An investor group led by BlackRock will acquire two ports near the Panama Canal that are owned by CK Hutchison and have been ...
Decision by Hong Kong-based conglomerate comes as US president pushes for greater control of critical trade route.
One way or the other, we’re going to get it,” Trump said of Greenland, asserting that the autonomous Danish territory and the Panama Canal were vital to security.
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