Haikou, China-based HNA Group, the parent of Hainan Airlines, is expected to purchase an 82.5% stake in Frankfurt-Hahn Airport in western Germany as the company steps up its international expansion. The airport’s federal state owners Rhineland Palatinate, which owns the 82.5% stake, said both sides are ready to sign the deal. The transaction amount has not been disclosed, but the deal is reportedly worth about €15 million ($15.8 million). As Frankfurt’s second biggest ...

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