{"id":222359,"date":"2025-03-31T07:45:36","date_gmt":"2025-03-31T05:45:36","guid":{"rendered":"https:\/\/www.arabtelegraph.com\/?p=222359"},"modified":"2025-03-31T07:45:36","modified_gmt":"2025-03-31T05:45:36","slug":"china-sounds-alarm-over-blackrock-led-takeover-bid-of-key-panama-ports","status":"publish","type":"post","link":"https:\/\/www.arabtelegraph.com\/?p=222359","title":{"rendered":"China Sounds Alarm Over Blackrock-Led Takeover Bid of Key Panama Ports"},"content":{"rendered":"<div class=\"article__header\">\n<div class=\"article__announce-text\" dir=\"ltr\">National security adviser Mike Waltz told reporters last month that the leadership of Panama had entered into \u201cnegotiations about addressing the ports on either side of the canal,\u201d in a reference to the Balboa and Cristobal terminals.<\/div>\n<\/div>\n<div class=\"article__body\" dir=\"ltr\">\n<div class=\"article__block\" data-type=\"text\">\n<div class=\"article__text\">The deal by an American conglomerate to buy the facilities from Hong Kong company CK Hutchison will be reviewed, Chinese antitrust regulator stated on its website.<\/div>\n<\/div>\n<div class=\"article__block\" data-type=\"text\">\n<div class=\"article__text\">China\u2019s State Administration for Market Regulationunderscored on Friday that it would scrutinize it &#8220;in accordance with the law to protect fair competition in the market and safeguard the public interest\u201d.<\/div>\n<\/div>\n<div class=\"article__block\" data-type=\"text\">\n<div class=\"article__text\">Chinese state media has already labelled the potential purchase of the ports of Balboa and Cristobal a threat to national security.<\/div>\n<\/div>\n<div class=\"article__block\" data-type=\"text\">\n<div class=\"article__text\">Amid the review, the signing, initially planned for April 2, has been postponed.<\/div>\n<\/div>\n<div class=\"article__block\" data-type=\"text\">\n<div class=\"article__text\">The deal is part of a $22.8 billion one whereby CK Hutchison had agreed to sell its 80% stake in subsidiaries managing 43 ports across 23 countries to the consortium led by BlackRock and Global Infrastructure Partners (GIP).<\/div>\n<\/div>\n<div class=\"article__block\" data-type=\"quote\">\n<div class=\"article__quote\">\n<div class=\"article__quote-bg\">\n<div class=\"article__quote-bg-line\"><\/div>\n<\/div>\n<div class=\"article__quote-text\">\u201cThese world-class ports facilitate global growth&#8230; Through our deep connectivity to organizations like Hutchison \u2026 and governments around the world, we are increasingly the first call for partners seeking patient, long-term capital. We are thrilled our clients can participate in this investment,&#8221; said BlackRock CEO Larry Fink in a March statement.<\/div>\n<div class=\"article__quote-info\">\n<div class=\"elem-info\">\n<div class=\"elem-info__share\">\n<div class=\"share m-active\" data-id=\"1121714709\" data-url=\"https:\/\/sputnikglobe.com\/20250330\/china-sounds-alarm-over-blackrock-led-takeover-bid-of-key-panama-ports-1121714709.html?share-block=1121714945\" data-title=\"\u201cThese world-class ports facilitate global growth... Through our deep connectivity to organizations like Hutchison \u2026 and governments around the world, we are increasingly the first call for partners seeking patient, long-term capital. We are thrilled our clients can participate in this investment,&quot; said BlackRock CEO Larry Fink in a March statement.\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"article__block\" data-type=\"article\" data-article=\"main-photo\">\n<div class=\"article__article m-image\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>National security adviser Mike Waltz told reporters last month that the leadership of Panama had entered into \u201cnegotiations about addressing the ports on either side of the canal,\u201d in a reference to the Balboa and Cristobal terminals. The deal by an American conglomerate to buy the facilities from Hong Kong company CK Hutchison will be &hellip;<\/p>\n","protected":false},"author":6,"featured_media":222360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[266],"tags":[],"class_list":["post-222359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>China Sounds Alarm Over Blackrock-Led Takeover Bid of Key Panama Ports - Arab Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.arabtelegraph.com\/?p=222359\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China Sounds Alarm Over Blackrock-Led Takeover Bid of Key Panama Ports - Arab Telegraph\" \/>\n<meta property=\"og:description\" content=\"National security adviser Mike Waltz told reporters last month that the leadership of Panama had entered into \u201cnegotiations about addressing the ports on either side of the canal,\u201d in a reference to the Balboa and Cristobal terminals. 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