DUBAI / WAM H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai ...
Read More »South Africa sells state airline to private-equity venture
Bloomberg South Africa agreed to sell a majority stake in the country’s grounded national carrier to a local jet-leasing company and private-equity firm, ridding the government of an entity that has long been a drain on state finances. A consortium comprised of Johannesburg-based Global Airways, which owns recently launched domestic airline Lift, and private-equity firm Harith General Partners will take ...
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