China Eastern-SIA talks after Games
China Eastern Airlines and Singapore Airlines (SIA) will resume share-sale talks after the Olympics, ChannelNews Asia has reported. SIA signed a deal last September to take a 24% stake in China Eastern for US$923 million, however the deal has stalled with Air China reported to be weighing up a bigger offer.
“We will discuss the issue after the Olympics, and all things will become clear then,” Luo Zhuping, Board Secretary of China Eastern, told an interview with the China Daily newspaper
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