BlackRock Agrees to Buy Panama Canal Ports as Trump Continues Threats
BlackRock, America’s largest asset manager which handles over $11 trillion in assets, has agreed to purchase two ports on either end of the Panama Canal. BlackRock is buying the ports from Hong Kong-based CK Hutchison in a deal worth about $22.
The trade war is already sending merger troops to the front line. BlackRock shook hands on a deal to buy ports along the ...
An investor group led by BlackRock will acquire two ports near the Panama Canal that are owned by CK Hutchison and have been ...
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The transaction, which must be approved by Panama’s government, does not include any interest in a trust that operates ports ...
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