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.
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A deal struck by BlackRock to take control of two key ports on either end of the Panama Canal essentially aligns the world's largest money manager with the preferences of the new Trump administration.
BlackRock CEO Larry Fink foresees a rocky 2025 but remains optimistic about technology-driven growth amid trade tensions.
A timeline of BlackRock's bid to distance itself from the social and environmental themes it once championed as political ...
Buy-side giant aims to combine public- and private-market investment, technology, and data solutions on one platform.
Larry Fink, the Chairman and CEO of investment giant BlackRock (BLK), shared his take on the global economy at a recent conference. While he ...
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BlackRock-TiL consortium to acquire CK Hutchison’s port operations for $22.8bnThe BlackRock-TiL consortium, comprising financial giant BlackRock and Terminal Investment (TiL), will buy CK Hutchison ...
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Asset manager has dropped out of climate groups and eliminated diversity targets as it tries to put ESG controversy behind it ...
Chairman and CEO Laurence Fink said on Tuesday at the RBC Capital Markets Global Financial Institutions Conference. "It's not ...
A deal struck by BlackRock to take control of two key ports on either end of the Panama Canal essentially aligns the world's ...
Bitcoin’s rise to a $2 trillion asset has forced Wall Street skeptics, including Larry Fink and Ken Griffin, to reassess their views. Larry Fink once viewed it as a money laundering tool, now his firm ...
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