Trump threatened to take back the canal because of what he called Chinese influence. CK Hutchison, a Hong Kong company, is ...
CK Hutchison’s stakes near the Panama Canal came under recent scrutiny, especially among US government officials and ...
The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he ...
BlackRock’s move reflects the view that America’s best chance to counter China will hinge on private investment.
Trump and his team are right to recognize Panama’s strategic importance, but they are wrong in how they are approaching the ...
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 ...
Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock ...
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 ...