M&A radar: SF Holding + Kerry – hitting the jackpot via a smart deal structure
Talking of hybrid deal-making – valuing the 51.8% stake in Kerry Logistics at just over ...
A couple of Chinese air freight stories this week: first, a new carrier, part-owned by YTO Express, has been approved by the CAAC. Majority-owned by the government of Shaanxi, the new carrier will launch with 737s. As ATW points out, there is no English name yet, but its Chinese brand translates into the fairly long-winded “China Northwestern International Cargo Airlines”. The other news is the expansion of services by rival express operator SF Airlines into Singapore from Shenzhen. It will start with ...
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