China Is Unhappy With BlackRock’s Panama Ports Deal
Shares of Hong Kong’s CK Hutchison sank after a critical commentary by a Chinese state-owned newspaper about the $22.8 billion sale.
China Amplifies Rebuke of Li Ka-shing’s Panama Port Deal With BlackRock
Friday after China’s top office on Hong Kong affairs reposted a sharp attack on the conglomerate’s decision to appease President Donald Trump by selling its stake in Panama ports. The commentary that the Hong Kong and Macau Affairs Office posted on its website originally appeared in the Ta Kung Pao newspaper and warned companies to be very careful about which “side they should stand on.
CK Hutchison shares down after port deal criticism
Shares of CK Hutchison shed more than 6 percent on Friday, after the Beijing office in charge of Hong Kong affairs reposted a newspaper commentary
Panama to request legal, financial documents on CK Hutchison-BlackRock port deal
The Panama Maritime Authority, which oversees shipping and port infrastructure in the country, will request all legal and financial documents from a key transaction between CK Hutchison and a consortium backed by BlackRock ,
China Condemns Panama Canal Deal, Asserting a Right to Influence the Region
The Hong Kong conglomerate CK Hutchison’s planned sale of ports in Panama to a group led by BlackRock, the American finance giant, is under fire from Beijing.
BlackRock strikes $23 billion deal to place Panama Canal ports under American control
Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock consortium.
Panama AG to Supreme Court: Hutchison Port Deal Unconstitutional
Luis Carlos Gómez is supporting a lawsuit challenging the country's 20-year contract with a Hong Kong-based port operator, adding to pressures already levied by the U.S.
Li Ka-Shing’s CK Hutchison To Sell Panama Canal Ports To BlackRock As Part Of $23 Billion Deal
The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he sees as China’s influence over the waterway critical to global trade.
BlackRock strikes deal to bring ports on both sides of Panama Canal under American control
A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium including BlackRock Inc., effectively putting the port
China urges CK Hutchison to ‘think twice’ on Panama ports deal
Shares in Hong Kong-based conglomerate CK Hutchison fell 5 per cent on Friday after China criticised the sale of its Panama Canal ports and said it should “think twice” about the $22.8bn deal with US asset manager BlackRock.
China calls plan to sell 2 Panama Canal ports a “betrayal”
China called the new plan for American investment firm Blackrock to buy two ports in the Panama Canal from a Hong Kong-based company "spineless groveling" and "a betrayal." The nearly $23 billion deal was considered a way to assuage concerns from president trump that China is quote "running" the canal.
Hong Kong's CK Hutchison Under Fire After China Criticism of Ports Sale to US
HONG KONG (Reuters) -China's Hong Kong and Macau Affairs Office (HKMAO) reposted a commentary criticising CK Hutchison's port ...
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Port of Subs Signs 50-Unit Area Development Deal in Arizona
Port of Subs, the celebrated 50-year legacy sandwich brand driving nationwide expansion, proudly announces its latest development deal to expand its footprint across Arizona. Spearheading this ...