Swire, Citic Pacific, Cathay sell stakes in cargo units


HONG KONG, May 25 (Reuters) - Swire Pacific , CITIC Pacific and Cathay Pacific said they have agreed to sell 40 percent interests in Hong Kong Air Cargo Terminals Ltd and HACTL Investment Holdings Ltd for HK$2.56 billion ($328 million). The interests will be sold to Jardine, Matheson & Co., Ltd, Wharf (Holdings) , Hutchison Whampoa's Mosgen Ltd, Hutchison Port Holdings Ltd and China National Aviation Corporation (Group) Ltd, the statement said. For statement click ...

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