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 ...
CK Hutchison said it would sell 80 per cent of its stakes in 43 ports in 23 countries, including Panama but excluding ...
Shares of CK Hutchison rose 12.4 per cent in Hong Kong on Thursday, extending the previous day's 21.9 per cent gain after the ...
A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama ...
CK Hutchison said it would sell 80 per cent of its stakes in 43 ports in 23 countries, including Panama but excluding ...
HONG KONG (Reuters) - Shares of CK Hutchison were set to open up 2.9% in Hong Kong on Thursday, extending the previous day's ...
13hon MSN
The agreement will give a BlackRock consortium a majority stake in two terminal ports. Trump has said he wants the trade ...
CK Hutchison’s decision could be the start of a pattern of firms forced to rethink their financial strategies, observer says.
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