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The Proposed CX/CA/KA Deal  
User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9498 posts, RR: 13
Posted (10 years 2 weeks 3 days 19 hours ago) and read 1874 times:

Swire has made it very clear that they will remain as the no 1 principal shareholder of CX in the long run.

So I guess the deal is all about Citic selling its stake in KA to Swire/CX and Swire/CX will become the majority shareholder of KA. And I suppose Citic will also sell its stake in CX and Swire will take some of them and uplift its share in CX to 50%+ again. Air China will probably take the remaining shares of CX.


1 replies: All unread, jump to last
User currently offlineJakob77 From United Kingdom, joined Sep 2004, 210 posts, RR: 0
Reply 1, posted (10 years 2 weeks 3 days 19 hours ago) and read 1870 times:

all parties have already released a joint statement confirming talks talking place but this is all that's on record. until then speculate in any way you like but none of us will know the ultimate answer.

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