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Tag: CRISTOBAL

Business

CK Hutchison Sells Panama Ports Stake to BlackRock-TiL Consortium

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

CK Hutchison has entered an agreement to sell its stake in Panama Ports Company to the BlackRock-TiL Consortium. The Panama Ports Company oversees the operation of the Balboa and Cristobal …

CK Hutchison Sells Panama Ports Stake to BlackRock-TiL Consortium 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

BlackRock Acquires Control of Ports Near Panama Canal Amid Rising Tensions

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

BlackRock has secured a $23 billion deal to acquire control of major ports on both sides of the Panama Canal from CK Hutchison amid rising US-China tensions. This agreement includes …

BlackRock Acquires Control of Ports Near Panama Canal Amid Rising Tensions 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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