You are here

SIA increases stake in Virgin Australia to 22.17% for A$30.4m


SINGAPORE Airlines has raised its stake in Virgin Australia Holdings Ltd (VAH) to 22.17 per cent - from 19.83 per cent - for a total consideration of A$30.4 million (S$35.5 million).

The acquisition makes SIA VAH's second largest shareholder after Air New Zealand, and...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to