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MAY 2016

Week 21

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HNA to buy 7% of TAP Portugal

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May 27th 2016

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Haikou-headquartered HNA Group will acquire an initial 7% shareholding in Atlantic Gateway, the private consortium that owns 50% of Portuguese flag carrier, TAP Portugal, ATW has reported, citing TAP spokesperson, Isabel Palma. HNA could eventually increase its TAP equity to 20%, the report said. Read More »

Opening a link to the Far East “as soon as possible”, including to Beijing, has been a goal for Portugal’s minister of planning and infrastructure, Pedro Marques, the Macau Daily Times has reported.

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