HNA’s bid for Gategroup

admin
By admin July 5, 2016 10:56

HNA’s bid for Gategroup

Some 61.3% of Gategroup’sshareholders tendered their stock for the acquisition by HNA Group, which falls short of the required 67% buy-in. Nevertheless, analysts are predicting that HNA’s $1.4bn offer for the the world’s second-biggest airline will still go through. The acquisition was unanimously supported by the Swiss company’s directors in April.

admin
By admin July 5, 2016 10:56