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BlackRock Leads Consortium Buying Panama Canal Ports for Nearly $23B!

C
Mar 4, 2025 · 18:19

The ports surrounding the Panama Canal are about to come under American ownership.

American asset management giant BlackRock (BLK) and a group of investors have agreed to buy ports on both sides of the Panama Canal from owner CK Hutchinson Holdings for nearly $23 billion, the Hong Kong-based firm announced Tuesday.

https://www.investopedia.com/blackrock-leads-consortium-buying-panama-canal-ports-for-nearly-usd23b-11690345

March 4, 2025

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