BlackRock Acquires Majority Stake in Ports on Both Sides of Panama Canal - Barron's
1. BlackRock agrees to a $22.8 billion port acquisition near the Panama Canal. 2. Deal removes majority stakes from CK Hutchison, increasing U.S. corporate ownership. 3. Shares of BlackRock fell 2.1%, amidst political tensions around the Panama Canal. 4. Panama not renewing Belt and Road Initiative membership, signaling strategic shifts.