American Airlines May Be Close to Buying Stake in China Southern

American Airlines Group Inc., the world’s largest carrier, is in advanced talks to acquire a stake in China Southern Airlines Co., according to people familiar with the matter. The negotiations focus on an investment of about $200 million by Fort Worth, Texas-based American in China Southern’s Hong Kong-listed shares, said the people, asking not to be identified as talks are confidential. The sale will likely take place via a private placement, one of the people said. China Southern has a market… (skift.com) Más...