Panama to request legal, financial documents on CK Hutchison-BlackRock port deal
The Panama Maritime Authority, which oversees shipping and port infrastructure in the country, will request all legal and financial documents from a key transaction between CK Hutchison and a consortium backed by BlackRock ,
Li Ka-shing’s company would have come under increased US scrutiny and risked a fight in an American court if the conglomerate ...
Trump threatened to take back the canal because of what he called Chinese influence. CK Hutchison, a Hong Kong company, is ...
After significant pressure was exerted by President Donald Trump, Chinese company CK Hutchison has agreed to sell its two ports on the Panama Canal to U.S. investment company BlackRock.
Alton Telegraph on MSN4d
CK Hutchison sells Panama Canal port operations to US consortium for $22.8 billionU.S. consortium acquires Panama Canal ports from CK Hutchison for $22.8 billion, aligning with Trump's push to limit Chinese ...
Shares in CK Hutchison soared 25 per cent in Hong Kong on Wednesday (Mar 5) after it agreed to sell its lucrative Panama ...
BlackRock’s move reflects the view that America’s best chance to counter China will hinge on private investment.
The trade war is already sending merger troops to the front line. BlackRock shook hands on a deal to buy ports along the ...
CK Hutchison’s decision could be the start of a pattern of firms forced to rethink their financial strategies, observer says.
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