BlackRock to buy Panama Canal ports

BlackRock buying two Panama Canal ports amid Trump's China threats
BlackRock on Tuesday said it agreed to acquire two ports serving the Panama Canal from Hong Kong's CK Hutchinson, as part of a larger $22.8 billion deal. Why it matters: President Trump has threatened to retake control of the Panama Canal,
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 Kong-based CK Hutchison in a multipart transaction worth $22.8 billion, the companies announced on Tuesday.
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 Buys Key Panama Ports Amid U.S.-China Tensions
A consortium led by BlackRock has bought two ports on either side of the Panama Canal just a few weeks after President Trump threatened to use force to restore U.S. control over the energy chokepoint.
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 consortium.
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 $22.8 billion.
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.
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 Terminal Investment Limited.
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 sees as China’s influence over the waterway critical to global trade.
Trump hails 'reclaiming' of Panama Canal after BlackRock-led group's deal to buy stake
U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison, including assets it holds along the Panama Canal.
How BlackRock CEO Larry Fink has turned into the darling of the MAGA movement
MAGA Hero Yes, you read that right. The BlackRock CEO fat cat the political right had loved to hate has suddenly become the ...
Reuters4d
BlackRock gets bargain berth in Panama trade storm
as are other ports in China. The BlackRock group also will acquire HPH’s entire 90% interest in the Panama Ports Company, which operates ports in Balboa and Cristobal in Panama. CK Hutchison Co ...
Panama Port Deal Plants U.S. Flag in China-Dominated Sector
BlackRock’s move reflects the view that America’s best chance to counter China will hinge on private investment.
Trump Plans Executive Order to Strengthen US Shipbuilding, Blunt China Domination
LOS ANGELES (Reuters) - U.S. President Donald Trump is drafting an executive order aimed at resuscitating domestic shipbuilding and reducing China's grip on the $150 billion global ocean shipping ...
BusinessMirror3d
BlackRock’s ports deal marks new reach, hands win to Trump
BlackRock Inc. led one of the biggest acquisitions of the year in a deal that marked both the firm’s expanded reach in infrastructure and a win for US President Donald Trump, who had raised concerns ...
中国日报网3d
China urges fair and just environment for its companies abroad
China supports Chinese companies, including those in the Hong Kong Special Administrative Region, to invest in other ...
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 ...