Air China parent China National Aviation Holding Co. said Monday that China Eastern Airlines needs to renew discussions with Singapore Airlines on the high-profile stake sale, arguing that the HK$3.80 price set for each of the additional shares tailored for SIA is inadequate. It was the second such statement from CNAC, which said on Dec. 26 that it never promised not to vote to veto the deal at a shareholders' conference scheduled for Jan. 8 (ATWOnline, Dec. 24, 2007). CNAC currently is ...

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