HAINAN AIRLINES MAKES BID FOR HOCHTIEF

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By TESTCustomwebLP TESTCustomwebLP August 9, 2011 08:49

HAINAN AIRLINES MAKES BID FOR HOCHTIEF

HNA Group, the parent of China’s fourth-largest airline Hainan Airlines Co, is bidding for Hochtief AG’s airports business, which it values at more than 1 billion euros ($1.42 billion), according to the Wall Street Journal.

HNA’s airport unit has been short-listed to move to the second round of bidding for Hochtief’s airport assets.

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By TESTCustomwebLP TESTCustomwebLP August 9, 2011 08:49
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