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BlackRock's $23 Billion Panama Canal Deal

Li Ka-Shing’s CK Hutchison To Sell Panama Canal Ports To BlackRock As Part Of $23 Billion Deal

The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he sees as China’s influence over the waterway critical to global trade.

Reuters on MSN · 1d

CK Hutchison shares jump 22% after Panama Canal stake sale to BlackRock

CK Hutchison stock gained more than 22% on Wednesday after the Hong Kong conglomerate sold a majority stake in a $22.8 billion ports unit, including assets along the Panama Canal, to a group led by U.

CBS News on MSN · 1d

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 stocks jump 25% after sale of Panama ports stake

Shares in CK Hutchison soared 25 per cent in Hong Kong on Wednesday (Mar 5) after it agreed to sell its lucrative Panama ...

1d

BlackRock gets bargain berth in Panama trade storm

The trade war is already sending merger troops to the front line. BlackRock shook hands on a deal to buy ports along the ...

15h

CK Hutchison Shares Set to Open up 2.9%, Extending Previous Day's Gains

HONG KONG (Reuters) - Shares of CK Hutchison were set to open up 2.9% in Hong Kong on Thursday, extending the previous day's ...

21h

Brace for more US pressure on Chinese investment after Panama Ports sale, analysts warn

CK Hutchison’s decision could be the start of a pattern of firms forced to rethink their financial strategies, observer says.

1d

After Trump Applies Pressure, Wall Street Giant Moves Into Panama

An investor group led by BlackRock will acquire two ports near the Panama Canal that are owned by CK Hutchison and have been ...

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