After Trump pressure, China sells Panama port terminals to US private equity firm, MSC

By Yahoo! Finance   |   1 month ago
After Trump pressure, China sells Panama port terminals to US private equity firm, MSC

A consortium led by BlackRock and MSC will acquire Hutchison Port Holdings' non-Chinese assets, including Panama terminals. The deal follows tensions over the Panama Canal and increased U.S. tariffs on Chinese goods. The sale is subject to Panama's government approval.

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