Hidden Hill Capital buys 10% stake in China Southern Airlines' logistics unit for $114m

Hidden Hill Capital buys 10% stake in China Southern Airlines' logistics unit for $114m

Hidden Hill Capital, the private equity arm of global investment manager GLP, has invested 745 million yuan ($114 million) in airline giant China Southern Airlines’ subsidiary China Southern Airlines Cargo Logistics (Guangzhou) Co., Ltd, according to a company statement on Wednesday.