Trump hails ‘reclaiming’ of Panama Canal after BlackRock-led group’s deal to buy stake
U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison, including assets it holds along the Panama Canal.
Hutchison subsidiary PPC has for decades run ports on the Pacific and Atlantic ends of the interoceanic waterway.
The trade war is already sending merger troops to the front line. BlackRock shook hands on a deal to buy ports along the ...
BlackRock, an American asset manager, is leading a group of investors to acquire two ports at either end of the Panama Canal ...
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