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On the Record · China Eastern Airlines

China Eastern Airlines acquisitions, on the record

The businesses China Eastern Airlines bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Xi’an Dongmei Aviation Travel Co. Ltd
Word for word“On December 27, 2012, our wholly-owned subsidiary, Shanghai Airlines Tours International (Group) Co., Ltd. (“Shanghai Airlines Tours”) entered into an agreement with Eastern Tourism and Shanghai Dongmei to acquire 45% and 55% of the issued share capital of Xi’an Dongmei Aviation Travel Co. Ltd, held by them respectively for a consideration of approximately RMB3.3 million comprising approximately RMB1.5 million payable to Eastern Tourism and approximately RMB1.8 million payable to Shanghai Dongmei.” 20-F for 2019
agreed acquisitionDecember 27, 2012approximately RMB3.3 million
Kunming Dongmei
Word for word“On December 27, 2012, our wholly-owned subsidiary, Shanghai Airlines Tours also entered into another agreement with Eastern Tourism and Shanghai Dongmei to acquire 45% and 55% of the issued share capital of Kunming Dongmei, held by them respectively for a consideration of approximately RMB10.6 million comprising RMB4.7 million payable to Eastern Tourism and approximately RMB5.8 million payable to Shanghai Dongmei.” 20-F for 2019
agreed acquisitionDecember 27, 2012approximately RMB10.6 million
Eastern Travel
Word for word“On January 10, 2013, our wholly-owned subsidiary, Shanghai Airlines Tours entered into an agreement with Eastern Tourism to acquire the entire issued share capital of Eastern Travel held by Eastern Tourism Investment Group Co., Ltd. for consideration of approximately RMB11.9 million.” 20-F for 2019
agreed acquisitionJanuary 10, 2013approximately RMB11.9 million
Shanghai Dongmei
Word for word“On August 15, 2014, Shanghai Airlines Tours, our wholly-owned subsidiary, entered into an equity transfer agreement with Eastern Tourism, pursuant to which, Shanghai Airlines Tours acquired 72.84% equity interest in Shanghai Dongmei from Eastern Tourism with consideration of RMB32,147,700.” 20-F for 2019
acquisitionAugust 15, 2014RMB32,147,700
Eastern Air Group Company, China Northwest Airlines Company and Yunnan Airlines Company
Word for word“The term “CEA Holding” refers to our parent, China Eastern Air Holding Company, which was established on October 11, 2002 as a result of the merger of our former controlling shareholder, Eastern Air Group Company, or EA Group, with China Northwest Airlines Company and Yunnan Airlines Company.” 20-F for 2020
mergerOctober 11, 2002—
a subsidiary
Word for word“(Net) proceeds from disposal of a subsidiary — (90 ) (11 )” 20-F for 2020
divestiture—(90 ) (11 )

Read from China Eastern Airlines’s annual reports (20-F for 2021, 20-F for 2020, 20-F for 2019) and the financial data it files with the SEC, as of 2022-04-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.