A ship sails near Balboa Port on March 4 after Hong Kong's CK Hutchison Holdings agreed to sell its interests in a key Panama Canal port operator to a BlackRock-led consortium, amid pressure from U.S. President Donald Trump to curb China's influence in the region. © Reuters
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](https://asia.nikkei.com/Business/Business-deals/Li-Ka-shing-family-s-CK-Hutchison-to-sell-Panama-port-assets-to-BlackRock) 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.