Xiamen Airlines stake sold

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By TESTCustomwebLP TESTCustomwebLP June 26, 2015 10:35

Xiamen Airlines stake sold

JiZhong Energy Group is selling its 15% stake in Xiamen Airlines to Xiamen C&D for 2.2 billion yuan. Xiamen C&D stake in Xiamen Airlines will thus increase from 34% to 49%. China Southern Airlines will retain its 51% stake.

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By TESTCustomwebLP TESTCustomwebLP June 26, 2015 10:35