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 ...

which works out at 125 rand per share, is equal to a bid that the French company tabled in March when it entered exclusive purchase talks with Multichoice. Subsequently, Canal Plus took its stake ...

Officials in Beijing and Hong Kong spoke out Tuesday against a proposal to sell ports in the Panama Canal to a consortium led by BlackRock, sending shares in the Hong Kong-based conglomerate that ...

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 ...

Earlier this month, the group of investors led by BlackRock said it would spend $22.8 billion to buy the ports of Balboa and Cristobal on either end of the Panama Canal from CK Hutchison, as well ...