Cathay Pacific in talks to buy stake in HNA's HK Express AirwaysStaff Writer |
Acquisition Cathay said it had decided to go public
Cathay Pacific Airways said it is in “active discussions” about an acquisition involving budget airline Hong Kong Express Airways.
It did not detail the potential value of the transaction, nor the size of the stake it would hold. It said it would issue an additional statement when appropriate. ■
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