Dnata buys out Changi equity

Dnata, part of the Emirates Group, is to buy a 21.6% stake in Singapore's Changi International Airport services, completing the 100% acquisition of the ground service provider. The $140m deal reflects a belief that Singapore will continue to grow and prosper as a major aviation hub for Asia, said officials. [AMEInfo.com]

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Posted May 07, 2005

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