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The latest came Tuesday when the world’s largest money manager announced that a BlackRock-led investment coalition would take control of two key ports on either end of the Panama Canal for the ...
BlackRock, the world’s largest asset manager with a portfolio of investments valued at $11.5 trillion, has agreed to purchase majority stakes in ports on both sides of the Panama Canal from Hong ...
President Donald Trump cited BlackRock’s Tuesday deal to acquire Panama Canal ports as part of his administration’s broader effort to “reclaim” the crucial waterway.
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. Trump said ...
BlackRock’s group of investors is buying two Panama Canal ports, Balboa and Cristobal, and various companies owned by CK Hutchison that control 43 ports in 23 countries worldwide.
BlackRock strikes deal to bring ports on both sides of Panama Canal under American control A cargo ship goes through the Panama Canal's Cocoli locks in Panama City, Friday, Feb. 21, 2025.
A deal struck by BlackRock to take control of two key ports on either end of the Panama Canal essentially aligns the world's largest money manager with the preferences of the new Trump administration.
Trump touts BlackRock's Panama Canal ports deal, says U.S. is ‘reclaiming' waterway By Laya Neelakandan, CNBC • Published March 4, 2025 • Updated on March 5, 2025 at 12:02 am ...
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