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Japan's ANA postpones Nippon Cargo acquisition again amid ongoing China review

( May 19, 2025, 09:00 GMT | Official Statement) -- MLex Summary: Japanese airline ANA Holdings announced that its planned acquisition of Nippon Cargo Airlines has been postponed once again. The closing date has been rescheduled from May 23 to July 1, due to an ongoing merger review in China. As a result of the delay in making Nippon Cargo a wholly owned subsidiary of ANA, Nippon Cargo will be included in ANA’s consolidated financial statements for the July–September period. ANA said in a stock exchange filing that the impact of the acquisition on the fiscal year ending March 2026 is still under review. In January, the Japan Fair Trade Commission had conditionally approved the deal. The statement is attached....

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