A consortium of investors led by BlackRock has agreed to buy majority stakes in ports on both sides of the Panama Canal from CK Hutchison for $22.8 billion, the companies said Tuesday. The deal would bring the key ports under American corporate ownership,

The Hong Kong-based conglomerate that operates ports near the Panama Canal has agreed to sell shares of its units that operate the ports to a consortium including BlackRock Inc., after President Donal

The ports surrounding the Panama Canal are about to come under American ownership. American asset management giant BlackRock (BLK) and a group of investors have agreed to buy ports on both sides of the Panama Canal from owner CK Hutchinson Holdings for nearly $23 billion,