Qatar Airways is looking to invest in American Airlines, according to CNBC.
American recently received an unsolicited offer from the Middle Eastern carrier that it intends to purchase at least $808 million in the U.S. airline.
Qatar said it plans to make an initial investment of up to 4.75 percent and will not exceed that figure without the prior consent of the American Airlines board.
According to CNBC, Qatar intends to then acquire at least a 10 percent stake.
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Source: travelpulse.com
