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Sourcing Journal on MSNChina Threatens to Block $23B Port Deal Without Cosco Stake: ReportThe Chinese government is reportedly threatening to nix the $23 billion port deal that has become a key front in its ongoing ...
The proposed sale includes two ports at the Panama Canal and more than 40 others around the world, all owned by Hong ...
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The deal hands over more than 40 global ports owned by Hong Kong business magnate Li Ka-Shing to US asset manager BlackRock ...
China has warned that it may block the sale of Hong Kong-based CK Hutchison's international ports, including one on either ...
The Wall Street Journal's Costas Paris and Jack Pitcher reported that“China's government is threatening to block a deal that ...
A consortium of investors led by asset management giant BlackRock and containership operator Mediterranean Shipping Co.
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 restricts employee device use during China travel, highlighting growing corporate concerns over cybersecurity, ...
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.
BlackRock and investors acquire Panama Canal ports from CK Hutchison for $22.8B, addressing Trump's concerns over Chinese influence on global trade.
The deal with the BlackRock-led consortium includes 90% of Panama Ports Company, which has operated the Balboa and Cristobal ports at each end of the canal for over two decades, said CK Hutchison.
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.
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