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BlackRock's $23 Billion Panama Canal Deal

Associated Press News on MSN · 1d

BlackRock strikes deal to bring ports on both sides of Panama Canal under American control

A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium including BlackRock Inc., effectively putting the ports under American control after President Donald Trump alleged Chinese interference with the operations of the critical shipping lane.

Financial Times · 1d

Panama Canal ports sold to BlackRock in victory for Trump

BlackRock has agreed to buy two major ports at the Panama Canal from their Hong Kong-based owner, following pressure from Donald Trump over alleged Chinese influence at the vital waterway.

Fox Business on MSN · 1d

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.

1d

After Trump Applies Pressure, Wall Street Giant Moves Into Panama

An investor group led by BlackRock will acquire two ports near the Panama Canal that are owned by CK Hutchison and have been ...

Hutchison sells Panama Canal Ports To A U.S. Led Consortium Under Pressure From The U.S.

CK Hutchison Holdings sold its controlling interest in two major Panama Canal ports to a U.S. led consortium for $22.8billion ...

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