Hong Kong-based freight forwarder BALtrans Holdings executive chairman Anthony Lau said some of its shareholders are in preliminary talks with interested third parties to sell a controlling stake in the company, WorldACD reported. In September, the company began assessing proposals to sell a controlling stake amid plans by founder and executive chairman Lau to retire.
Related Articles
- Lufthansa Cargo presents commitment to transforming the aviation industry
- Lufthansa Cargo continues to rely on the cargo handling services of Vienna Airport
- Vietjet Air Cargo, Teleport deepen partnership with exclusive commercial rights on first key lane
- Budapest Airport Revolutionises Cargo Operations With Kale Info Solutions’ Airport Cargo Community System
- RTX’s Pratt & Whitney announces GTF MRO capacity expansion at West Palm Beach facility
- Qatar Airways Announces the Launch of Flights to Kinshasa, Democratic Republic of Congo