Star Alliance-linked ANA Holdings has signed a memorandum of understanding to acquire an 8.8% strategic investment in SkyTeam member Vietnam Airlines, valued at VND2.4 billion ($107 million). The planned “business and capital partnership” between the two airlines, which remains subject to finalization and regulatory approvals, was announced to the London Stock Exchange on Jan. 12. “Asia is a key growth market for ANA Group as we expand our international footprint and ...

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