Billionaire agrees to $22bn Panama Canal deal

Billionaire agrees to $22bn Panama Canal deal after Donald Trump China outrage
Most of the stakes in key ports on the Panama Canal are owned by a Hong Kong-based company and are set to be sold off after Trump announced his waterway plans.
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.
Panama president says Trump is lying about reclaiming Panama Canal
Panama's leader accused President Trump of lying in his Tuesday congressional address, where he said his administration was "reclaiming" the Panama Canal.
Donald Trump Scores Panama Canal Win
BlackRock's involvement signals a shift from a Hong Kong-based company to a US-led consortium, aligning with Trump's strategy.
A Better Way To Handle The Panama Canal
Trump and his team are right to recognize Panama’s strategic importance, but they are wrong in how they are approaching the issue. During his inaugural address in January, President Trump proclaimed that “China is operating the Panama Canal” and promised that the United States would be “taking it back.
Trump's offensive tactics for the Panama Canal
A group of investors led by BlackRock is to acquire the two strategic ports of Cristobal and Balboa in the Panama Canal for more than 22 billion dollars. "My administration is going to take back the Panama Canal,
Panama president calls Trump’s talk of ‘reclaiming’ the Panama Canal a lie
Panama President José Raúl Mulino has accused U.S. President Donald Trump of lying when Trump said in his address to Congress ...
BlackRock's $23 Billion Panama Canal Deal: What We Know So Far
The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports ...
A new dam in the Panama Canal could solve water-level problems but create housing ones
The Panama Canal's water levels have been dwindling, and this shift will have significant economic consequences for the ...
As Trump hails taking back of Panama Canal, Hong Kong Inc walks tightrope
The flash sale of a Hong Kong-owned global ports business highlights geopolitical volatility, executives and analysts said.
BlackRock strikes deal to bring ports on both sides of Panama Canal under American control
A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama ...
BlackRock strikes $23 billion deal to place Panama Canal ports under American control
Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock ...
BlackRock to take control of ports in Panama Canal from Hong Kong firm as US worries over Chinese influence grow
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 ...
PHOTO COLLECTION: Panama Canal
A cargo ship sails through the Panama Canal, in Panama City, June 13, 2024. (AP Photo/Matias Delacroix, File) U.S. Secretary ...