The European Commission has given the go-ahead for Hainan Airlines’ parent HNA Group to acquire 100% of European ground handling company Swissport. Over the summer, HNA Group signed an agreement to acquire Swissport from private equity firm PAI Partners for approximately CHF2.7 billion. This deal has now been cleared. “The Commission concluded that the proposed acquisition would raise no competition concerns because the companies' activities do not overlap,” the ...

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