Air China parent raises stakes on Singapore Airlines' China Eastern bid

Aviation

Monday, October 06, 2008 22:49:00

	Air China parent raises stakes on Singapore Airlines' China Eastern bid By STAFF EDITOR Published: January 07, 2008 12:00 PM Air China’s parent firm, China National Aviation Corp. (Group) Limited, has offered a minimum of HK$5 a share to take a 24% stake in China Eastern Airlines (CEA) if CEA minority shareholders reject a US$920 million (HK$7.16 billion) Singapore International Airlines (SIA) offer for the stake at a ... You are currently reading 50 words of 153 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: investment , China Aviation , Air China	More Articles in Aviation > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Frankfurt Airport takes 24.5% stake in Xianyang airport management JV Airbus supports new repair base in Sichuan province Jumbo jet project relies on foreign components China needs 2800 planes by 2026: Airbus Changhe Automobile shifts to aviation to avoid delisting Air China IH revenues up 5.5% to $3.55b Jiangxi to develop aviation hub

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