HNA to Settle Gategroup Offer This Year After 95.3% AcceptancesBy
Chinese conglomerate extended offer period through July 21
Payment for shares to be made in third or fourth quarter
HNA Group Co. gained 95.3 percent of Gategroup Holding AG at the close of its 1.4 billion-franc ($1.4 billion) offer for the world’s second-biggest airline caterer and expects the deal to be settled before the end of this year.
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