BlackRock Leads $22.8 Billion Takeover of Panama Canal Ports

A BlackRock-led consortium has secured a deal to acquire strategic port facilities at both ends of the Panama Canal, officials confirmed Tuesday, establishing American financial control over key infrastructure along the critical maritime passageway. The $22.8 billion acquisition from Hong Kong-based CK Hutchison comes amid mounting geopolitical tensions over the waterway’s operation. The purchasing consortium, … Continue reading BlackRock Leads $22.8 Billion Takeover of Panama Canal Ports