Singapore Airlines A330-300
Singapore Airlines (SIA) has raised and extended its buyout offer to Tiger Airways shareholders following protests by a shareholder activist group. The Singapore flag carrier has offered a nearly 10% increase per share of S$0.04 to $S0.45 ($0.32), and has also extended the offer deadline to Jan. 22 from the original cutoff date of Dec. 28, 2015. The increased offer comes after the Securities Investors Association Singapore (SIAS) protested the original offer price was too low. “This ...
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