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Blackckock agreed to buy two main ports on the Panama Canal from its owner based in Hong Kong as part of an agreement for $ 22.8 billion, to pressure from Donald Trump over the alleged Chinese influence on the waterway.
In an apparent reference to ports, the US President often claimed that “China runs Panama Canal”, addition Last month that “we'll take it back or something very powerful”.
According to Hong Kong, Hong Kong, Hong Kong, would sell a consortium including Blackrock, Global Infrastructure Partners and Terminal Investment Limited, according to a statement on Tuesday.
With an extensive investment in this sector, the consortium would gain a 90 % stake in a company that owns and operates two ports in Panama.
The agreement includes an 80 % share in the daughter's ports of CK Hutchison, which operates 43 ports in 23 countries, including in the UK and Germany. It also operates ports in Southeast Asia, the Middle East, Mexico and Australia.
The remaining 20 % of the share holds the port of the PSA port, which owns the Temesek, the Singapore's sovereign wealth fund.
CK Hutchison said he expected to get cash more than $ 19 billion from the agreement, a number that includes repayment of certain shareholders. Market capitalization of CK Hutchison is 148 billion HK ($ 19 billion).
The transaction is “purely commercial nature and quite unrelated to recent political news reports concerning Panama ports,” said CK Hutchison, director Frank Sixt.
CK Hutchison, dominated by the richest man Hong Kong Li Ka -ding and his family, has portfolio of portfolio of portfolio, retail, telecommunications and other infrastructure. In 2023, the port operations accounted for approximately 9 % of the total income of CK Hutchison of 461.6 billion HK.
The channel became the point of Flash in the first 100 days of Trump in the office, as the US President is trying to expand the boundaries of the country and take control of the infrastructure assets – stir up the American allies and countries that have profited from decades of growing free trade.
Agreement with Blackrock comes after the acquisition of GIP asset manager, which helped the company make the power to invest in infrastructure.
