Qatar Airways Exits Cathay Pacific with $897 Million Stake Sale After Eight-Year Investment
Summary: Qatar Airways has sold its entire 9.6% stake in Cathay Pacific Airways for approximately $897 million, marking a complete exit from its eight-year investment in Hong Kong’s flagship carrier. The transaction, executed through a share buyback by Cathay, reflects a strategic portfolio shift by the Gulf airline and underscores Cathay’s efforts to consolidate ownership […]
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