Deals
ANA Targets Southeast Asia After $1.8 Billion Share Sale
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All Nippon Airways Co., Japan’s largest airline by sales, is looking for acquisitions and partnerships in countries such as India and Thailand after raising $1.8 billion in a share sale last year for expansion.
“We’re considering various options, including acquisitions or collaboration with a partner if we find one,” said Osamu Shinobe, who will become president of the airline on April 1, when it becomes part of a holding company. “Our main focus is Southeast Asia. We haven’t made any decisions yet.”