23-Sep-2010 2:43 PM
Fraport in talks to acquire 25% stake in Hunan Airport; ATC joins French general strike
Analysis
Germany's Fraport AG (-1.9%) CEO Dr Stefan Schulte stated the airport operator is in talks to acquire a 25% stake in China's Hunan Airport Group. A final decision on the acquisition is to be made in the next two years. It would be the company's second airport stake after a similar strategy in Xi'an.
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