Monday, January 04, 2016

SIA increases TigerAir offer!

SIA increases offer from $0.41 to $0.45 for Tigerair share


SINGAPORE - Singapore Airlines has increased its offer price for Tigerair shares from $0.41 a share to $0.45.
In an announcement on Monday, SIA said its offer is final.
This comes after the airline said on Dec 29 that it owns, controls or has agreed to acquire about 74.5 per cent of the budget carrier's shares - short of the 90 per cent required for the move to succeed.

My previous post on the offer here