BlackRock Buys Hutchison’s Panama Ports in Victory for Trump
A BlackRock Inc.-led consortium agreed to buy control of key ports near the Panama Canal from Hong Kong-based conglomerate CK Hutchison Holdings Ltd. after pressure from US President Donald Trump to limit Chinese interests in the region.
BlackRock-Led Group Will Buy Ports at Heart of Panama-Trump Tension
The investor group will acquire two ports near the Panama Canal that are owned by CK Hutchison and have been the subject of a dispute between President Trump and Panama.
BlackRock strikes $23 billion deal to place Panama Canal ports under American control
Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock consortium.
CK Hutchison to sell Panama ports' stake to group including BlackRock amid Trump pressure
Hong Kong's CK Hutchison is selling its controlling stake in a unit that operates Panama ports to a group including BlackRock, it said on Tuesday as the Trump administration piles up pressure to curb Chinese influence in the region.
BlackRock strikes deal to bring ports on both sides of Panama Canal under American control
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 Donald Trump alleged Chinese interference with the operations of the critical shipping lane.
BlackRock to take over Hong Kong-owned ports in Panama Canal in $23 billion deal
A Hong Kong-linked company is selling its shares in two ports operated at the ends of the Panama Canal to a United States-based firm.
Panama AG to Supreme Court: Hutchison Port Deal Unconstitutional
Luis Carlos Gómez is supporting a lawsuit challenging the country's 20-year contract with a Hong Kong-based port operator, adding to pressures already levied by the U.S.
Hutchison sells Panama Canal Ports To A U.S. Led Consortium Under Pressure From The U.S.
CK Hutchison Holdings sold its controlling interest in two major Panama Canal ports to a U.S. led consortium for $22.8billion. BlackRock Inc.
CK Hutchison Reaches Agreement With Blackrock To Sell Its Ports In Panama For $22.8 Billion
Hong Kong-based conglomerate CK Hutchison Holdings Ltd (HPH) has reached an agreement and defined key terms to sell control of one of its units that
BlackRock Strikes Deal for Panama Ports After U.S. Pressure
President Trump wanted the U.S. to retake the Panama Canal. A deal struck by BlackRock will give American investors control of ports on either end of the vital trade route, though not oversight of the canal itself.
Deal struck to bring ports on both sides of Panama Canal under American control
A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium including BlackRock Inc., effectively putting the ports under American control after President Donald
CK Hutchison to Sell Stake in Hutchison Ports Group for $14.21 Billion
(Reuters) - Hong Kong's CK Hutchison Holdings said on Tuesday a consortium including BlackRock Inc would buy an 80% stake in ...
Decision by Hong Kong-based conglomerate comes as US president pushes for greater control of critical trade route
Decision by Hong Kong-based conglomerate comes as US president pushes for greater control of critical trade route.
CK Hutchison plans $1 billion port investment in Pakistan, ministry says
Hong Kong conglomerate CK Hutchison Holdings Limited's ports subsidiary plans to invest $1 billion to upgrade its operations ...