DUBAI, 6 Nov 2017:
Middle Eastern carrier Qatar Airways today said it had agreed to buy a 9.61% stake in Cathay Pacific Airway.
Qatar Airways said in a statement it expected to close the transaction later today in Hong Kong.
Earlier, Hong Kong’s Kingboard Chemical Holdings said it had agreed to sell its 9.6% Cathay stake to Qatar Airways for HK$5.16 billion.
– Reuters