SIA inn i Kina

[CK]

Singapore Airlines er i samtaler med China Easten Airlines om å ta en 25% andel i selskapet. Aksjene i både SIA og CEA er suspendert mens samtalene pågår.

fra ATWonline.com

Singapore Airlines joined China Eastern Airlines in suspending trading of its shares Tuesday (ATWOnline, May 23), saying it "is in an advanced stage of discussions for a potential investment," thereby deepening widespread speculation that it is on the verge of acquiring a 25% stake in CEA. According to some Hong Kong press reports, negotiations already have closed and CEA is set to make an announcement by Friday, although its officials continue to say publicly that a deal has not been reached. CEA shares have risen rapidly in recent months, presenting a moving target for negotiators attempting to reach agreement on the size of SIA's investment and stake. Earlier this week, CEA President Li Fenghua confirmed SIA will hold no more than 25%.