Published on: 2025-07-02 12:07:55
BlackRock, America’s largest asset manager which handles over $11 trillion in assets, has agreed to purchase two ports on either end of the Panama Canal. BlackRock is buying the ports from Hong Kong-based CK Hutchison in a deal worth about $22.8 billion. The announcement of the deal comes as President Donald Trump has made threats against Panama over China’s involvement in the canal. The president has said the U.S. never should’ve handed over control of the canal in the 1970s after building the
Keywords: blackrock canal panama ports trump
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