TOKYO -- Cathay Pacific Airways said major shareholder Qatar Airways is selling its entire stake, equivalent to nearly 10% of total shares, bringing the airlines' eight-year equity relationship to an end.
Transportation
Cathay to buy back Qatar Airways' entire stake for nearly $900m
Hong Kong carrier says move will lift Air China's interest over 30% threshold, requiring waiver
Cathay Pacific jets on the tarmac in Hong Kong. (Photo by Yuki Kohara)
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