Air China will boost its profile in the Pearl River Delta region by taking control of Shenzhen Airlines with a CNY682.1 million ($99.8 million) investment that will see its stake in the country's fifth-largest carrier rise from 25% to 51%. The Shenzhen municipal government will increase its share from 10% to 25% with a CNY348 million investment, and controlling stakeholder Li Zeyuan's 65% will fall to 24%, according to Air China's filing with the Hong Kong Stock Exchange and pending ...

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