PANAMA CITY (Reuters) -- The Panama Maritime Authority, which oversees shipping and port infrastructure in the country, will request all legal and financial documents from a key transaction between CK Hutchison and a consortium backed by BlackRock, minister to presidency Juan Carlos Orillac said on Friday.
U.S. BlackRock announced this week that a group of investors, including Global Infrastructure Partners and Terminal Investment, agreed to buy most of the port business of Hong Kong-based conglomerate CK Hutchison, including its 90% stake in Panama Ports Company, which operates the Balboa and Cristobal terminals under a 25-year concession.
