China’s HNA Group—parent of Hainan Airlines—has completed an 82.5% stake purchase in Frankfurt-Hahn Airport to facilitate its European expansion. The transaction is worth €15.1 million ($15.8 million). In March, HNA Group won the stake, which was owned by the airport’s federal state owners Rhineland Palatinate following European regulatory approval. HNA Group said the company has received subsidies, including €25.3 million approved by the European Union, ...

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