Cathay Pacific to buy back Qatar Airways’ 9.6% stake for $896 mln
PositiveFinancial Markets

Cathay Pacific to buy back Qatar Airways’ 9.6% stake for $896 mln
Cathay Pacific is set to buy back a 9.6% stake from Qatar Airways for $896 million, marking a significant move in the aviation industry. This buyback not only strengthens Cathay's financial position but also reflects a strategic shift in its ownership structure. Such transactions are crucial as they can influence market dynamics and investor confidence, showcasing Cathay's commitment to its long-term growth and stability.
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