Asia/Pacific

SATS BUYS TFK FOR $122 MILLION

By Dino D'Amore Nov 30, 2010 0 mins read

SATS Investments has acquired Japan Airlines' entire stake of 50.7% Japanese airline caterer TFK Corp for about $122 million paid in cash. TFK will become a subsidiary of SATS. The deal gives SATS entry into the Japanese airline catering market and will help to strengthen existing relationships with...

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