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Author: Jubair Pavel

Qatar Airways to Divest Entire Cathay Pacific Stake

Qatar Airways to Divest Entire Cathay Pacific Stake

In a definitive move to consolidate its ownership and signal a resurgence of corporate health, Hong Kong’s flag carrier, Cathay Pacific, has announced it will repurchase the entire stake held by Qatar Airways. The transaction, valued at HK$6.96 billion (approximately US$896 million), concludes an eight-year equity partnership between two of the world’s most prominent Oneworld […]
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