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Business Moves

Citic Pacific sells 14.5% stake in Cathay Pacific to Air China and Swire Pacific

Air China and Swire Pacific will buy a majority of Citic Pacific’s 17.49% stake in Cathay Pacific, in a deal worth $942 million.

By Edward Russell | 18 August 2009

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Long-term bullish, I'm buying on the dips

44%

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37%

Expecting a hard landing

19%

TOTAL VOTES: 94

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Tags: air china, dragonair

Tags: air china , dragonair