UPDATE 1-China Southern Airlines to sell $200 mln shares to American Airlines
March 27, 2017 at 21:33 PM EDT
HONG KONG/SHANGHAI, March 28 (Reuters) - China Southern Airlines Co Ltd said on Tuesday it would issue HK$1.55 billion ($199.6 million) worth of shares to a subsidiary of American Airlines Group Inc, giving the U.S. airline a stake in China's largest carrier.
