BlackRock Plays Monopoly with Panama Ports: $22.8B Edition
Key Points
- BlackRock acquires majority control of Panama Ports for $22....
Looks like someone at BlackRock just won big at real-life Monopoly, snagging Park Place AND Boardwalk in one go - except this time, it's Panama's ports for a cool $22.8 billion.
From Hong Kong with Love... and Logistics
In a move that's got more strategic importance than your grandmother's secret cookie recipe, BlackRock just acquired majority control of Panama Ports from Hong Kong-based CK Hutchison. This isn't just about who gets to park their boats where - we're talking about 13,000 vessels annually playing 'follow the leader' through the Panama Canal.
Canal You Believe This Power ...
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