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Cathay Pacific 293 0.45%increase; green up pointing triangle Airways has agreed to buy back the shares Qatar Airways holds in the Hong Kong-listed airline for 6.97 billion Hong Kong dollars, equivalent to US$896.5 million.
Qatar Airways, which holds 643.08 million shares, or a 9.57% stake in Cathay Pacific, will sell its entire holding for HK$10.8374 a share, Cathay Pacific said late Wednesday.
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