United Airline
Topic Author
Posts: 8773
Joined: Wed Jan 10, 2001 5:24 pm

The Proposed CX/CA/KA Deal

Thu May 11, 2006 3:13 pm

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.

Posts: 202
Joined: Thu Sep 02, 2004 1:09 am

RE: The Proposed CX/CA/KA Deal

Thu May 11, 2006 3:16 pm

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.