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SIA makes offer for Tiger unconditional

Closing date extended to Feb 5; group says it can't hike final offer price any higher
Tuesday, January 12, 2016 - 05:50

tiger.jpg
Singapore Airlines (SIA) has made its S$0.45-per-share takeover offer for Tiger Airways unconditional, while SIA's stake in the budget carrier currently remains under the 80 per cent threshold, according to filings to the Singapore Exchange (SGX).

Singapore

SINGAPORE Airlines (SIA) has made its S$0.45-per-share takeover offer for Tiger Airways unconditional, while SIA's stake in the budget carrier currently remains under the 80 per cent threshold, according to filings to the Singapore Exchange (SGX).

The airline group has

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