Reported 1 day ago
BlackRock's bid for control of two significant ports near the Panama Canal faces potential delays as Panama conducts an audit on a 25-year concession previously granted to CK Hutchison. This scrutiny arises amid increasing criticism from China, where antitrust reviews are underway. The Panamanian government seeks comprehensive details on the deal, which, if found irregular, could jeopardize the agreement and lead to international arbitration.
Source: YAHOO