A recent audit reveals breaches by CK Hutchison regarding its contract for key Panama Canal ports, leading to multi-million dollar implications and geopolitical tensions.
CK Hutchison postpones signing a deal to sell strategic Panama ports to BlackRock due to mounting pressure and investigations from Chinese authorities.
BlackRock leads a $23 billion acquisition of Panama Canal ports from CK Hutchison, facing backlash from Panama's president against Trump's claims of "reclaiming" control.