Chinese investment group, Henan Civil Aviation Development and Investment Company (HNCA), the investment vehicle of the Chinese province of Henan, is reported to have been given the green light to purchase the 35 per cent shareholding up for sale in state-owned Cargolux.  Xavier Bettel, the incoming prime minister of Luxembourg, informed parliament of the decision in a speech on 29 November, according to media reports.  Bettel also told parliament that HNCA had committed to … [Read more...] about China’s HNCA, Luxembourg strike deal on Cargolux stake

Chinese investment group, Henan Civil Aviation Development and Investment Company (HNCA), the investment vehicle of the Chinese province of Henan, is reported to have been given the green light to purchase the 35 per cent shareholding up for sale in state-owned Cargolux.  Xavier Bettel, the incoming prime minister of Luxembourg, informed parliament of the decision in a speech on 29 November, according to media reports.  Bettel also told parliament that HNCA had committed to … [Read more...] about China's HNCA, Luxembourg strike deal on Cargolux stake