President Trump has said he wants American control of the canal, putting the longtime ports operator, CK Hutchison, in the cross-hairs of the U.S.-China trade conflict.
Category: CK Hutchison Holdings Ltd
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Panama Official Accuses Hong Kong Port Operator of Misconduct
The controller general of Panama said CK Hutchison, a Hong Kong conglomerate, did not properly renew its license to operate two ports that are part of a $19 billion deal involving BlackRock.
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Trump and China Clash Over Panama Canal in Test of Hong Kong’s Status
Beijing’s threat to stop a tycoon’s sale of his ports business has dealmakers wondering if they can still operate without political interference.
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BlackRock Will Buy Panama Canal Ports from CK Hutchison
An investor group led by BlackRock will acquire two ports near the Panama Canal that are owned by CK Hutchison and have been the subject of a dispute between President Trump and Panama.