China Eastern's future hinges on vote: shareholders meet to decide on bid by Singapore Air

Article Abstract:

China National Aviation Holding Co. has announced it intends to make a hostile bid to acquire between 24% and 30% of state-owned China Eastern Airlines Corporation Ltd. if shareholders vote to reject an offer by Singapore Airlines Ltd. and Temasek Holdings Private Ltd. The Singapore-Temasek deal to acquire a 24% stake in China Eastern is valued at HK$7.2 bil, or HK$3.80 per share; China National's hostile bid would be HK$5 per share or higher.

Strategy & planning, Financial management, Investment Offices, Investment Companies, Open-End Investment Funds, Investment Funds & Trusts, China, Planning, Company investment, Investments, Singapore, Investor relations, Company business planning, Temasek Holdings Private Ltd., Singapore Airlines Ltd., China Eastern Airlines Corporation Ltd., China National Aviation Holding Co.

---

Alitalia approves Air France's offer, but hurdles remain

Article Abstract:

Pending government and labor union approval, airline Alitalia SpA agrees to be purchased by Air France-KLM for 819 million euro. Article discusses Alitalia's financial situation, stock value, and political issues related to the sale.

Italy, Acquisitions & mergers, Forecasts, trends, outlooks, France, Mergers, acquisitions and divestments, Company acquisition/merger, Company business forecast/projection, Company forecasts, Linee Aeree Italiane S.p.A., Air France S.A.

---

Similar abstracts:

• Abstracts: Oil firms are called to talks on stalled Kashagan project. U.S. doesn't need to block Cnooc bid -- The threat is enough
• Abstracts: HVB merger agreement hinges on ledgers. Unicredito-HVB deal becomes a focus for European bankers
• Abstracts: Alitalia narrows loss, stays mum on potential sale. KfW to sell stake in struggling IKB
• Abstracts: Moody's lowers bond ratings on Nissan Motor. Daimler, GM juice up hybrid plans. Toyota puts off new type of battery for next Prius
• Abstracts: Fighting China on U.S. soil. A model Shanxi vineyard

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.