HNA Group Acquires 23.7% Of Brazilian Airline Azul For $450M

airlinesA unit of HNA Group Co., Ltd. has completed a US$450 million strategic investment in Azul S.A., Brazil's third largest airline, with support from Bravia Capital Partners and UBS Investment Bank, says a company announcement. The unit, Hainan Airlines Co., Ltd., has acquire a 23.7% economic stake in Azul to become the single largest shareholder […]


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