The deal comes after U.S. President Donald Trump repeatedly threatened to take control of the Panama Canal and end what he ...
Hong Kong firm CK Hutchinson has announced plans to sell its stake in Panama Canal ports as part of a US$22.8 billion deal.
A Hong Kong-based conglomerate has agreed to sell its stake in two Panama Canal ports to U.S. and Swiss investors amid pressure from the Trump administration over the ports’ ties to China.
An investor group backed by BlackRock agreed to buy a majority stake in the Hong Kong subsidiary that runs ports along either ...