All aboard: American Airlines takes $200 million stake in China Southern

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HONG KONG/SHANGHAI (Reuters) – China Southern Airlines Co Ltd said on Tuesday it would issue HK$1.55 billion ($199.6 million) worth of shares to a subsidiary of American Airlines Group Inc , giving the U.S. airline a stake in China’s largest carrier.

Source:: All aboard: American Airlines takes $200 million stake in China Southern

      

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