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Swire Pacific to sell nearly 6.0% stake in Cathay Pacific

Swire Pacific plans a share placement to sell nearly a 6.0% stake in Cathay Pacific Airways.

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12:32:55 AM UTC
SquawkNews
(00:08 GMT) *Swire Pacific to Sell Nearly 6.0% Stake in Cathay Pacific Airways via Share Placement (00:09 GMT) *Swire Pacific to Place 362.65M Cathay Shares for HK$13.20 Each (00:09 GMT) *Swire Pacific: Placement Price Represents 7.7% Discount to Cathay's Last Closing Price of HK$14.30/share (00:09…

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