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Tag: CRISTOBAL

economics

CK Hutchison’s Sale of Panama Canal Ports Provokes Chinese Outcry

March 20, 2025March 20, 2025 - by Carmen Mendez - Leave a Comment

CK Hutchison sold its Panama Canal ports to US investment firm BlackRock for $23 billion, drawing ire from China. The deal, which includes key container ports, raises geopolitical tensions as …

CK Hutchison’s Sale of Panama Canal Ports Provokes Chinese Outcry Read More
economics

Hutchison’s Panama Canal Port Sale Sparks Outrage in Beijing

March 20, 2025March 20, 2025 - by Marcus Chen - Leave a Comment

CK Hutchison Holdings faces backlash from Beijing after selling its Panama Canal port stakes to BlackRock in a $23 billion deal. The transaction escalates geopolitical tensions, with Chinese officials warning …

Hutchison’s Panama Canal Port Sale Sparks Outrage in Beijing Read More
Business

China Critiques BlackRock’s Panama Canal Port Acquisition Proposal

March 14, 2025March 14, 2025 - by Marcus Chen - Leave a Comment

China has condemned a plan to sell Panama Canal ports to BlackRock, labeling it a “spineless” move and a betrayal. A commentary from Ta Kung Pao spurred a 6% drop …

China Critiques BlackRock’s Panama Canal Port Acquisition Proposal Read More
Business

BlackRock’s $23 Billion Strategic Acquisition of Global Ports Including Panama Canal

March 6, 2025March 6, 2025 - by Marcus Chen - Leave a Comment

BlackRock has negotiated a $23 billion deal to acquire over 40 ports, including key ports at the Panama Canal, with support from MSC and TIL Group. The consortium will maintain …

BlackRock’s $23 Billion Strategic Acquisition of Global Ports Including Panama Canal Read More
Business / economics

Trump Reiterates Control Goals Over Panama Canal Following Major Port Deal

March 6, 2025March 6, 2025 - by Liam Nguyen - Leave a Comment

President Trump aims to take control of the Panama Canal following a US$22.8 billion deal between BlackRock, MSC, and CK Hutchison. The transaction involves acquiring a significant stake in Panama …

Trump Reiterates Control Goals Over Panama Canal Following Major Port Deal Read More
Business / economics

Trump Celebrates Panama Canal Deal Amid Controversy Over Ownership

March 6, 2025March 6, 2025 - by Liam Nguyen - Leave a Comment

President Trump lauded a BlackRock-led acquisition of significant assets related to the Panama Canal, aiming to diminish Chinese influence. This deal, however, faces backlash from Panamanian officials claiming ownership of …

Trump Celebrates Panama Canal Deal Amid Controversy Over Ownership Read More
Technology

BlackRock Acquires Key Panama Canal Ports Amid Trump Concerns

March 6, 2025March 6, 2025 - by Sofia Nawab - Leave a Comment

BlackRock has agreed to purchase two ports at the Panama Canal for $22.8 billion from CK Hutchison. This deal responds to President Trump’s concerns over Chinese control of canal operations. …

BlackRock Acquires Key Panama Canal Ports Amid Trump Concerns Read More
Business

BlackRock’s Stock Increases Following Major Panama Ports Acquisition

March 5, 2025March 5, 2025 - by Marcus Chen - Leave a Comment

BlackRock’s stock increased after it announced a $22.8 billion deal to acquire two ports in Panama, marking its largest infrastructure deal. President Trump praised the acquisition in Congress, emphasizing US …

BlackRock’s Stock Increases Following Major Panama Ports Acquisition Read More
Business

Analysis of BlackRock’s Acquisition of Panama Canal Ports Business

March 5, 2025March 5, 2025 - by Carmen Mendez - Leave a Comment

U.S. President Trump has lauded BlackRock’s acquisition of CK Hutchison’s ports business, which includes major assets along the Panama Canal. This deal grants the U.S. consortium significant control over ports …

Analysis of BlackRock’s Acquisition of Panama Canal Ports Business Read More
Business

Trump Celebrates U.S. Control of Panama Canal Ports in BlackRock-Lead Deal

March 5, 2025March 5, 2025 - by Marcus Chen - Leave a Comment

President Trump announced a deal led by BlackRock to acquire Panama Canal ports, enhancing U.S. control and removing Chinese ownership. The acquisition involves CK Hutchison’s substantial port operations, resulting in …

Trump Celebrates U.S. Control of Panama Canal Ports in BlackRock-Lead Deal Read More

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