Air China increases stake in Cathay

    September 04, 2009 | BY

    clpstaff &clp articles

    Air China has bought an additional 12.5% in Cathay Pacific from CITIC Pacific for US$825 million. The deal brings Air China's shareholding to within…

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    Air China has bought an additional 12.5% in Cathay Pacific from CITIC Pacific for US$825 million. The deal brings Air China's shareholding to within one basis point of the 30%