· 3d · on MSN
BlackRock strikes deal to bring ports on both sides of Panama Canal under American control
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.
BlackRock's Panama Canal deal is latest win for chief Larry Fink in strong start to Trump era
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.
Panama President José Raúl Mulino on Wednesday accused U.S. President Donald Trump of lying when he said in his address to Congress that his administration was “reclaiming” the Panama Canal. Trump was referencing a deal announced Tuesday for a consortium led by the U.
Panamanian President Jose Raul Mulino said on Wednesday morning that U.S. President Donald Trump was lying when he said that the North American leader's administration was "
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