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HONG KONG - Air China Ltd. unveiled plans to take control of Shenzhen Airlines Co.
SAPO International SA, based in Athens-Greece and represented by its chairman Mr. Georges Samaha, and Longstock Financial Group, based in Lisbon-Portugal and represented by its president Mr.
The airline will take an 80% share of the UK company by buying the 50% owned by BMI chairman Sir Michael Bishop for £318 million.