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Tag: CRISTOBAL

Business

CK Hutchison Finalizes Sale of Panama Ports to BlackRock-TiL Consortium

March 5, 2025March 5, 2025 - by Victor Santos - Leave a Comment

CK Hutchison has sold its interest in Panama Ports Company to the BlackRock-TiL Consortium. The company operates crucial ports in Panama, namely Balboa and Cristobal. This acquisition signals significant shifts …

CK Hutchison Finalizes Sale of Panama Ports to BlackRock-TiL Consortium Read More
economics

BlackRock Acquires Strategic Panama Canal Ports Amid U.S.-China Tensions

March 4, 2025March 4, 2025 - by Maya Chowdhury - Leave a Comment

CK Hutchison Holdings is selling its Panama Canal port operations to a BlackRock-led consortium due to U.S. concerns over Chinese influence in the region. The sale encompasses key port assets …

BlackRock Acquires Strategic Panama Canal Ports Amid U.S.-China Tensions Read More
Business

Donald Trump Achieves Strategic Shift in Panama Canal Control

March 4, 2025March 4, 2025 - by Victor Santos - Leave a Comment

A Hong Kong conglomerate has sold its controlling stake in key Panama Canal ports to a consortium led by BlackRock Inc. This move, prompted by U.S. pressure under President Trump, …

Donald Trump Achieves Strategic Shift in Panama Canal Control Read More
Business

BlackRock-Led Consortium to Acquire Panama Ports from CK Hutchison Holdings

March 4, 2025March 4, 2025 - by Aisha Khoury - Leave a Comment

BlackRock and its partners are set to acquire Hutchison Port Holdings’ interests in the Panama ports, emphasizing a strategic investment in vital infrastructure. The deal, valued at $22.8 billion, is …

BlackRock-Led Consortium to Acquire Panama Ports from CK Hutchison Holdings Read More
Technology

BlackRock’s $23 Billion Deal for Panama Canal Ports Amid US-China Tensions

March 4, 2025March 4, 2025 - by Ravi Patel - Leave a Comment

BlackRock has secured a $23 billion deal to acquire substantial port operations alongside the Panama Canal, raising concerns over Chinese control in the region. The acquisition includes 90 percent of …

BlackRock’s $23 Billion Deal for Panama Canal Ports Amid US-China Tensions Read More
Technology

CK Hutchison Divests from Panama Ports Amid U.S. Pressure Over China

March 4, 2025March 4, 2025 - by Victor Santos - Leave a Comment

CK Hutchison is selling its stake in Panama Ports Company, amid U.S. President Trump’s push to limit Chinese influence over the Panama Canal. The ports of Balboa and Cristobal have …

CK Hutchison Divests from Panama Ports Amid U.S. Pressure Over China Read More

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