Panama Government Action Threatens $22.8 Billion Port Sale to BlackRock

A Hong Kong-based company had previously agreed to sell a majority of its stake in two Panamanian ports. The buyer in this significant transaction is a group led by the prominent US investment firm BlackRock.

The Panamanian government has undertaken an action that could disrupt this $22.8 billion (£20.75 billion) sale, according to a report from Reuters news agency.