The Panama Maritime Authority will review all legal and financial documents related to the acquisition of Panama Ports Company by a BlackRock (NYSE:BLK)-backed consortium, Minister to the Presidency Juan Carlos
After significant pressure was exerted by President Donald Trump, Chinese company CK Hutchison has agreed to sell its two ports on the Panama Canal to U.S. investment company BlackRock per a ...
BlackRock, the world’s largest asset manager with a portfolio of investments valued at $11.5 trillion, has agreed to purchase majority stakes in ports on both sides of the Panama Canal from Hong Kong-based CK Hutchison in a multipart transaction worth $22.8 billion, the companies announced on Tuesday.
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