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Tag: BLACKROCK INC

Business

Li Ka-shing Under Fire: The Implications of Hong Kong’s Panama Ports Deal

March 20, 2025March 20, 2025 - by Sofia Nawab - Leave a Comment

Li Ka-shing, Hong Kong’s wealthiest man, faces backlash over CK Hutchison’s sale of Panama Canal port assets to a consortium involving BlackRock, causing anger in Beijing. The deal raises concerns …

Li Ka-shing Under Fire: The Implications of Hong Kong’s Panama Ports Deal Read More
Business / economics

Hong Kong Leader Discusses Controversial CK Hutchison Sale of Panama Ports

March 18, 2025March 18, 2025 - by Marcus Chen - Leave a Comment

Hong Kong’s Chief Executive, John Lee, commented on the controversial sale of Panama Canal port assets by CK Hutchison Holdings to a consortium led by BlackRock. While addressing concerns related …

Hong Kong Leader Discusses Controversial CK Hutchison Sale of Panama Ports Read More
economics

BlackRock and Consortium Acquire Panama Canal Ports Amid U.S.-China Tensions

March 4, 2025March 4, 2025 - by Allegra Nguyen - Leave a Comment

BlackRock is acquiring a 90% interest in Panama Ports Co. from CK Hutchison Holdings, amidst U.S. concerns regarding Chinese influence over the Panama Canal. Senator Ted Cruz raised alarms about …

BlackRock and Consortium Acquire Panama Canal Ports Amid U.S.-China Tensions Read More
Business

Donald Trump Achieves Strategic Control Over Panama Canal Ports

March 4, 2025March 4, 2025 - by Carmen Mendez - Leave a Comment

A Hong Kong conglomerate is selling its stake in critical Panama Canal ports to a consortium led by BlackRock, influenced by Trump’s pressure to decrease Chinese control over the canal. …

Donald Trump Achieves Strategic Control Over Panama Canal Ports Read More
Business

BlackRock Consortium Set for Acquisition of Panama Ports

March 4, 2025March 4, 2025 - by Carmen Mendez - Leave a Comment

A BlackRock-led consortium is set to acquire a significant stake in Panama Ports Company, which operates the Balboa and Cristobal ports. This acquisition ends previous Chinese connections to the ports …

BlackRock Consortium Set for Acquisition of Panama Ports Read More
Technology

CK Hutchison to Sell Stake in Panama Ports Amid U.S. Pressure on Chinese Influence

March 4, 2025March 4, 2025 - by Liam Nguyen - Leave a Comment

CK Hutchison plans to sell its stake in Panama Ports Company to a consortium including BlackRock amid U.S. pressure to reduce Chinese influence in the Panama Canal. The negotiation will …

CK Hutchison to Sell Stake in Panama Ports Amid U.S. Pressure on Chinese Influence Read More
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