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Lack of aviation experience no handicap for Airwork takeover

Chinese machinery and farming conglomerate to make partial offer  

Tim Hunter
Tue, 04 Oct 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

The negligible aviation interests of China’s Zheijang Rifa, takeover bidder for NZX listed aircraft contractor Airwork, will be no barrier to the deal, says a market source.

“It’s never held them [the Chinese] back before,” he said.

Hangzhou-based Zheijang Rifa has agreed a lock-up deal with

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Tim Hunter
Tue, 04 Oct 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Lack of aviation experience no handicap for Airwork takeover
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