Credit: EQRoy/Alamy
Air China is selling a portion of its shares in Cathay Pacific, as part of a minor reshuffle in Cathay’s ownership structure. Air China informed Cathay that it will sell 1.61% of Cathay’s total issued shares for HK$12.22 ($1.57) per share, with Morgan Stanley as the share placing agent. The share...
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Air China Sells Some Of Its Cathay Pacific Stake is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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