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After Donald Trump’s pressure on Donald Trump’s waterways, Blackrock agreed to buy two large ports from their Hong Kong-based owner in the Panama canal.
In the apparent reference to the ports, the US president has often complained that “China is running the Panama Canal”, Add Last month that “we’re going to take it back, or something very strong is about to happen”.
Under the agreement, the port of the ports of the ports of the ports will sell the business to a consortium, including Hachison Blackrock, Global Infrastructure Partners and Terminal Investment Limited, on Tuesday, a company statement said.
With a large -scale investment in the sector, the consortium will acquire 90 percent of the company’s ownership and operates in Panama.
The agreement includes a 5 percent shares of Hachison’s port auxiliary companies, which operate 5 ports in 20 countries, including the United Kingdom and Germany. It also operates in Southeast Asia, Middle East, Mexico and Australia.
The port operator, owned by the Singapore Sovereign Resources Fund Tamasque, has the remaining 20 percent shares of PSA.
CK Hutchison said it was expected to receive more than 19 billion cash from the deal, an image that included some shareholder loans. CK Hutchison’s market capital is HK $ 148bn (19 Billion).
The transaction is “Frank Sixt, director of CK Hutchison’s co-managing director of CK Hutchison, is not related to the recent political news report on the authentic commercial and Panama port.”
Hong Kong’s rich man, Lee-Shing and his family, has a portfolio of Hachison’s port, retail, telecom and other infrastructure. About 9 percent of the total revenue of the HK $ 461.6bn of CK Hachison in 2023.
Within the first five days of Trump’s office, the canal has become a flashpoint, as the US President has to expand the country’s borders and take control of infrastructure resources – to build US allies and countries that have gained from decades of free trade.
The deal with the Blackker came after the acquisition of the Asset manager’s GIP, which helped the firm a power to invest in infrastructure investment.
