CK Hutchison to sell stake in Panama ports to BlackRock group amid Trump pressure
- Posted on March 4, 2025
- By Business News Today
- 4 Views
CK Hutchison to sell stake in Panama ports to BlackRock group amid Trump pressure
CK Hutchison Holdings has agreed to sell an 80% stake in Panama Ports Company to a consortium that includes BlackRock Inc for $14.21 billion. The sale aims to reduce Chinese influence over the Panama Canal, with negotiations to be held exclusively for 145 days.
