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T R A V E L   P R O C U R E M E N T

Global

Qatar Airways Buys into Latam

By Michael B. Baker / 12 July 2016 / Contact Reporter
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Qatar Airways plans to invest $613 million to acquire as much as 10 percent of Latin American airline group Latam's total shares. Latam will conduct a shareholders meeting by Sept. 2 to approve the investment. Both carriers are members of the Oneworld alliance and project the deal will close by the end of this year.

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