• Kyodo, Bloomberg

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ANA Holdings Inc. has decided to bring low-cost carrier affiliate Peach Aviation Ltd. under its wing by raising its stake in the company from about 39 percent, a sources close to the matter said Friday.

ANA, parent of All Nippon Airways, plans to spend about ¥30 billion (about $266 million) to boost its holding to 67 percent, making the carrier its subsidiary, the source said.

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