Trump hails ‘reclaiming’ of Panama Canal after BlackRock-led group’s deal to buy stake
U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison, including assets it holds along the Panama Canal.
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 $22.8 billion.
Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock ...
A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama ...
FILE PHOTO: A ship sails through the Panama Canal after Hong Kong's CK Hutchison agreed to sell its interests in a key Panama ...
The Hong Kong stock market has shown an 11% total return over the past 14 months, driven mainly by dividends, despite a ...
An investor group backed by BlackRock agreed to buy a majority stake in the Hong Kong-based company that runs ports along ...
CK Hutchison Holdings Ltd., the Hong Kong-based conglomerate, agreed to sell control of a unit that operates ports near the ...
That looks set to end. CK Hutchison has reached an agreement that will see the BlackRock-TiL Consortium (BlackRock Inc., ...
Some shipping companies are discreetly moving operations out of Hong Kong and taking vessels off its flag registry. Others ...
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