Cathay moves to buy back Qatar Airways' entire 9.57% stake for HK$6.96bn, pending independent shareholder approval
Cathay Pacific has proposed repurchasing Qatar Airways’ entire 9.57% holding — about 643.07 million shares — for HK$6.96 billion (roughly $892 million). The transaction, which would end the carriers’ partnership, is subject to approval by Cathay’s independent shareholders.