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  • Qatar Airways to sell its holdings

Qatar Airways to sell its holdings

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Qatar Airways to sell its holdings in Hong Kong’s Cathay Pacific for $896 million

admin1 day ago04 mins

A Cathay Pacific airplane. File | Photo Credit: AP Qatar Airways will sell its stake in Hong Kong-based Cathay Pacific Airways in a share buyback valued at $896 million, the companies announced, ending the Qatari carrier’s eight-year involvement with the airline. The announcement came late Wednesday in a stock market filing by Cathay Pacific, which…

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