HNA Group’s subsidiary HNA Infrastructure Investment Co. plans to purchase a 21% stake in Brazil’s Rio de Janeiro Aeroportos ( RJA) for CNY108 million ($16 million). According to an HNA statement released by the Shanghai Stock Exchange, HNA Investment will also increase a CNY2.2 billion capital injection to RJA to pay off its airport franchise fees. RJA holds a 51% stake in Concessionária Aeroporto Rio de Janeiro (CARJ), which holds the franchise rights for Rio de Janeiro ...

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