Asia/Pacific

Air China to infuse $996 million in Shandong Aviation Group

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Air China to infuse $996 million in Shandong Aviation Group

Air China has acquired a majority stake in Shandong Aviation Group and is offering to buy up shares from small and medium shareholders at a price of $0.33 a share. Air China also plans to invest an additional amount of $966.2 million in Shandong Aviation, which will give it a 66% stake. This share p...

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