ANA to take stake in bankrupt Skymark in restructuring

ANA to take stake in bankrupt Skymark in restructuring

Toyoyuki Nagamine (far R), senior executive officer of ANA Holdings Inc., and Nobuo Sayama (2nd from R), representative director of Tokyo-based investment fund Integral Corp., attend a press conference at the transport ministry in Tokyo on April 22, 2015, along with executives of bankrupt Skymark Airlines Inc. Skymark said ANA Holdings, parent of Japan's biggest airline All Nippon Airways Co., will take a 19.9 percent stake and pick its new president as part of a restructuring of its operations. Integral, which has already signed a sponsorship agreement with the airline, will hold a 50.1 percent stake in the restructured airline, and unnamed entities will hold the remaining 30 percent. (Kyodo) ==Kyodo

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  • ILEA000068059
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  • 2015/4/22 19:54:34
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  • Kyodo / Kyodo News Images
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