The Panama Maritime Authority, which oversees shipping and port infrastructure in the Central American country, will request ...
A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama ...
U.S. investment firm BlackRock announced it is purchasing most of a Chinese company's stake in two key ports on the Panama ...
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 ...
Panama maintains that it has full control over the canal and that the Hong Kong-based group’s operation of the ports did not ...
Containers and cranes at the Port of Balboa at the Pacific entrance of the Panama Canal in Panama City, Panama ... American asset management giant BlackRock (BLK) and a group of investors have ...
BlackRock's involvement signals a shift from a Hong Kong-based company to a US-led consortium, aligning with Trump's strategy ...
Trump threatened to take back the canal because of what he called Chinese influence. CK Hutchison, a Hong Kong company, is ...
Panama City (AFP) – Hong Kong firm Hutchinson sold its Panama Canal ports to US company BlackRock after US President Donald Trump's refused to rule out a military invasion of Panama to retake ...
on the outskirts of Panama City, Panama April 19, 2023.Reuters/ARIS MARTINEZ BlackRock stock edged higher a day after it announced a deal to help acquire two ports in Panama. President Trump has ...
An investment group led by asset manager BlackRock has announced a deal to acquire two ports on either end of the Panama Canal for a total $23 billion, according to The New York Times. Hong Kong-based ...