Qatar Airways announced Wednesday that it plans to sell off its 9.6% stake in Cathay Pacific, which is worth $897 million.
Qatar purchased the stake in Cathay in 2017, becoming the third-largest shareholder in the Hong Kong-based airline. The carrier still has stakes in multiple airlines around the world, including a 5% stake in China Southern Airlines.
Here is the breakdown of the numbers:
Cathay will buy back Qatar’s stake at HK
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