Post #40336 by Dope1 on the US Policy board

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https://nypost.com/2025/03/04/business/blackrock-t...

A consortium of firms led by BlackRock is buying two key ports in the Panama Canal from a Hong Kong-based firm as part of a $23 billion deal after President Donald Trump expressed concern that the strategic waterway was falling under Chinese influence.

BlackRock, the world’s largest asset manager with a portfolio of investments valued at $11.5 trillion, has agreed to purchase majority stakes in ports on both sides of the Panama Canal from Hong Kong-based CK Hutchison in a multipart transaction worth $22.8 billion, the companies announced on Tuesday.

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