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Blackrock agrees to buy two large ports of Panama’s canal from Panama-based owner, after pressure from Donald Trump to said Chinese water.
Obviously discussing the ports, the US president often said “China runs in Panama’s canal”, increasing In the last month “we bring it back, or something is very strong to happen”.
The owner of the owner of the Port Kong based on CK Hutchison sells business at a consortium including Blackrock, public imprestive partners, according to a company statement on Tuesday.
In a large investment in the sector, consortium can obtain a 90 percent stake in CK Hutchison subsidiary running two Panama ports.
Agreement also includes an 80 percent stake of the port subsidiaries of CK Hutchison, which runs 43 ports in 23 countries, including UK and Germany.
This is an emerging story