The former Chief of the Trump National Security Council, Alex Gray, unpacking President Donald Trumps Gaza and his concerns about the Panama Canal on Kudlow.
Blackrock announced Tuesday the purchase of ports at the Panama Canal that President Donald Trump had raised security problems concerning their links with China.
Blackrock announced the agreement of $ 22.8 billion with the CK Hutchison subsidiary, Hutchison Port Holdings, which will see the company acquire the ports of the Panama of Cristobal and Balboa, which are located respectively at the ends of the Atlantic and the Pacific of the Canal. He will also acquire the majority interest of Hutchison in 43 ports in 23 other countries.
The largest asset manager in the world will associate with Terminal Investment Limited (TIL) to exploit concert ports with the BlackRock Global Infrastructure Partners (GIP) subsidiary.
“This agreement is a powerful illustration of the combined platform of Blackrock and GIP and our ability to provide differentiated investments for customers,” said BlackRock Chairman Larry Fink. “These world class ports facilitate global growth. Thanks to our deep connectivity with organizations like Hutchison and MSC / TIL and governments around the world, we are increasingly the first call for partners looking for patient capital, in the long term. We are delighted that our customers can participate in this investment.”
