Qatar Airways will sell its stake in Cathay Pacific Airways for $896 million, ending its eight-year shareholding in Hong Kong’s flagship carrier.
Cathay Pacific Airways said on Wednesday it will repurchase a 9.57% stake from state-owned Qatar Airways for HK$6.97 billion ...
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The Hong Kong flag carrier said the deal covers 643 million shares, representing about 9.6% of its issued capital, to be repurchased at HK$10.8374 per share. The price reflects a 3.9% discount to ...
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