March 5 (UPI) --U.S. investment firm BlackRock announced it is purchasing most of a Chinese company's stake in two key ports on the Panama Canal. The Hong Kong-based CK Hutchison Holdings Limited ...

A Hong Kong-based corporation announced plans on Tuesday to sell its stake in two Panama Canal ports to an investment group led by BlackRock — a deal that would put crucial ports under American ...

PANAMA CITY — A Hong Kong-based company announced Tuesday that it would sell its stake in two ports ... no intention of returning the canal. He has pointed out that China does not run the ...

A U.S.-led consortium, including BlackRock and an Italian maritime company, purchases majority stake in Panama Canal ports for $22.8B, distancing Panama from Chinese influence following pressure from ...

A Hong Kong-based company has agreed to sell most of its stake in two key ... The 51-mile (82km) Panama Canal cuts across the central American nation and is the main link between the Atlantic ...

The transaction appears to hand command of the vital docks on both entrances of the canal to U.S. interests. Trump refused to rule out military ... gaining a 90% stake in Panama Ports Company ...

HONG KONG — A Hong Kong-based conglomerate has agreed to sell its stake in two Panama Canal ports to U.S. and Swiss investors amid pressure from the Trump administration over the ports’ ties ...

"We are glad to see U.S. investors acquire a controlling stake in Panama Ports Company, which owns and operates the ports of Balboa and Cristobal at either end of the Panama Canal," a U.S. State ...

Why: The world's largest asset manager is leading a consortium to buy a majority stake in the two ports from ... BlackRock's acquisition of two Panama Canal ports. "Just today, a large American ...