FRANK SIXT

BlackRock Leads $23 Billion Investment in Global Ports, Including Panama Canal

March 6, 2025March 6, 2025 - by Ravi Patel - Leave a Comment

BlackRock, leading a consortium, plans to invest $23 billion to acquire over 40 ports from CK Hutchinson, including key operations at the Panama Canal. The deal entails acquiring a 90% …

Business / economics

Trump Seeks Control Over Panama Canal Amidst Major Port Acquisition Deal

March 6, 2025March 6, 2025 - by Victor Santos - Leave a Comment

President Trump has reiterated intentions to regain control of the Panama Canal amidst a major US$22.8 billion acquisition deal between BlackRock, MSC, and CK Hutchison Holdings. The acquisition includes a …