Did. CNAC "obliged" to divest its shares to, say, China Eastern (behind the Jetstar HK debacle), then, the remaining 12% acquired at the new rock bottom price ?
Or Swires' say f@ck it, it's not laying the Golden eggs it used to, and sell out.. Or are forced to sell out. In much the same way as they were forced to divest their majority holding in KA to continue operating out of HK post handover. And then buy back KA along with the complicated arrangement we now have with Air China. Beyond the realms of possibility. ?
I think not. Then again you know best obviously.