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BlackRock (BLK) Pays $22 Billion for Majority Stake in Ports on Either Side of Panama Canal

Retrieved on: 2025-03-04 20:43:42

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BlackRock (BLK) Pays $22 Billion for Majority Stake in Ports on Either Side of Panama Canal. View article details on hiswai:

Summary

BlackRock's acquisition of majority stakes in ports on both sides of the Panama Canal, valued at $22.8 billion, underscores its strategic involvement in Panama's economy and water transport. The deal places these assets under U.S. control, augmenting BlackRock's global infrastructure influence.

Article found on: markets.businessinsider.com

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