2 days ago · Chinese regulators have blocked a $23 billion sale of key ports, including two in the Panama Canal, to a group led by BlackRock. REUTERS. China President Xi Jinping is reportedly “angry” over ...

Mar 5, 2025 · 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...

2 days ago · CK Hutchison, one of the largest conglomerates in Hong Kong, earlier this month announced plans to sell its stake in two ports on the Panama Canal to a group of US investors led by BlackRock.. The ...

Mar 4, 2025 · 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 Trump alleged Chinese interference with the operatio

Mar 4, 2025 · American asset management giant BlackRock has agreed to buy two ports at either end of the Panama Canal from a Hong Kong-based firm whose ownership had angered President Donald Trump.

2 days ago · The situation involving China, BlackRock, and the Panama Canal developed when China’s State Administration for Market Regulation went ahead and initiated an investigation into potential violations of Chinese anti-monopoly laws. This action blocked Hong Kong-based CK Hutchison’s plans to sell 43 port facilities globally to a BlackRock-led ...

Mar 5, 2025 · A Hong Kong-based conglomerate has agreed to sell its stake in two Panama Canal ports to U.S. and Swiss investors amid pressure from the Trump administration over the ports’ ties to China.

Mar 4, 2025 · A consortium of firms led by BlackRock is buying two key ports in the Panama Canal from a Hong Kong-based firm as part of a $23 billion deal after President Donald Trump expressed concern...

Mar 4, 2025 · American asset management giant BlackRock (BLK) and a group of investors have agreed to buy ports on both sides of the Panama Canal from owner CK Hutchinson Holdings for nearly $23 billion, the...

Mar 6, 2025 · BlackRock Inc. et al have signed a $23 billion deal for the acquisition of a 90% stake in Panama Ports Company from Hong Kong-based CK Hutchison Holdings.