Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock ...
The trade war is already sending merger troops to the front line. BlackRock shook hands on a deal to buy ports along the ...
The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he ...
BlackRock will purchase the ports of Cristobal and Balboa on the Atlantic and Pacific ends of the Panama Canal after President Trump raised concerns about Chinese influence.
China has grown to be dominant in shipbuilding, posing serious economic and national security challenges for U.S. and its ...
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 ...
A consortium led by BlackRock has bought two ports on either side of the Panama Canal just a few weeks after President Trump ...
BlackRock on Tuesday announced the purchase of the ports at the Panama Canal that President Donald Trump raised security concerns regarding their connections to China. BlackRock announced the $22. ...
World leaders rolled their eyes when President Trump kicked off his second term by threatening to take back the Panama Canal.
The Hong Kong-based conglomerate that operates ports near the Panama Canal has agreed to sell shares of its units that ...
who raised concerns about China’s expanding influence in the Panama Canal region. BlackRock — headed by billionaire CEO Larry Fink — has briefed both the Trump administration and Congress ...
The deal has been tarred by the political brush as U.S. President Trump previously vowed to seize control of the Panama Canal ...