BlackRock’s move reflects the view that America’s best chance to counter China will hinge on private investment.
Trump threatened to take back the canal because of what he called Chinese influence. CK Hutchison, a Hong Kong company, is ...
A consortium led by U.S. private equity firm BlackRock has agreed to purchase the Panama port terminals owned by CK Hutchison ...
The United States may still have the world's most powerful navy but it seems to have realised that this is no longer ...
The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he ...
A consortium led by BlackRock has bought two ports on either side of the Panama Canal just a few weeks after President Trump ...
The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports to a consortium led by BlackRock, Global Infrastructure Partners, and ...
Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock ...
Prior to the origination of the plans for the Panama Canal vessels of trade had few options of getting goods from Europe and ...
Donald Trump's consistent pressure around the Panama Canal has finally yielded some results as a Hong Kong conglomerate has ...