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Australian government approves Allco sale
23 September 2009
HNA Group’s purchase of Allco Aviation is approved.
Read more:
Allco Aviation
Hong Kong Aviation Company
HNA Group
Agricultural Bank of China
Bravia/HNA
Australia’s Foreign Investment Review Board (FIRB) has approved HNA Group’s purchase of Allco Aviation, according to a statement released by Hong Kong Aviation Company (HKAC) on Tuesday.
The FIRB approved the deal, which includes Allco’s portfolio of 68 aircraft, in a letter dated September 2 2009, according...
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