(SNA)Virgin Australia Sells 10% Stake to SIA, buys 50% stake in Tiger Australia

Virgin Australia Holdings Ltd. (VAH), Australia’s second-ranked carrier, sold a 10 percent stake to Singapore Airlines Ltd. (SIA) and sought control of two domestic rivals amid a challenge to market leader Qantas Airways Ltd. (QAN) Singapore Air, the world’s second-largest carrier by market value, will spend A$105 million ($108 million) for the stake, Brisbane-based Virgin said in a statement today. The Australian airline will pay at least A$35 million for 60 percent of the domestic unit of Tiger Airways Holdings Ltd. (TGR) and will bid for all of Skywest Airlines Ltd. (SKYW), according to filings. Full story Related: Virgin Australia sells 10% stake to Singapore Airlines - BBC News Virgin Australia sells stake to Singapore, pounces on Tiger - XN MSN News Virgin Australia bites into Tiger, sells shares to Singapore Airlines - etravelblackboard.com Virgin Australia teams up...

Full article: http://singaporenewsalternative.blogspot.com/2012/10/virg...

Tweets

Singapore Air buys Virgin stake

bbc.co.uk 30 Oct '12, 12am

30 October 2012 Last updated at 01:10 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print V...

Singapore Airlines buys 10% stake in Virgin Australia

Singapore Airlines buys 10% stake in Virgin Aus...

straitstimes.com 29 Oct '12, 11pm

Singapore Airlines will acquire a 10 per cent stake in Virgin Australia for US$105.3 million. The Australian airline will ...

Virgin Australia sells 10% stake to Singapore Air in Qantas duel

Virgin Australia sells 10% stake to Singapore A...

bloomberg.com 29 Oct '12, 11pm

Virgin Australia Holdings Ltd. (VAH) sold a 10 percent stake to Singapore Airlines Ltd. (SIA) and sought control of two lo...

Singapore Air Buys 10% of Virgin Australia - Bu...

businessweek.com 29 Oct '12, 11pm

Virgin Australia Holdings Ltd. (VAH), Australia’s second-ranked carrier, sold a 10 percent stake to Singapore Airlines Ltd...

Singapore Air buys Virgin stake: Singapore Airlines buys a 10% stake in Virgin Australia, as competition heats u...

Singapore Air buys Virgin stake: Singapore Airl...

bbc.co.uk 30 Oct '12, 12am

30 October 2012 Last updated at 08:36 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print S...

Virgin Australia in stake sale: Virgin Australi...

bbc.co.uk 30 Oct '12, 12am

30 October 2012 Last updated at 01:10 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print V...

ROUNDUP: Virgin buys Tiger: and Skywest: while SQ buys 10% of Virgin:

ROUNDUP: Virgin buys Tiger: and Skywest: while ...

ausbt.com.au 29 Oct '12, 10pm

“Singapore Airlines is an important strategic alliance partner of Virgin Australia and we are very pleased to have their s...

BBC News - Singapore Airline buy 10% stake in V...

bbc.co.uk 30 Oct '12, 1am

30 October 2012 Last updated at 08:36 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print S...

Virgin does deals with Singapore, Tiger, Skywest

Virgin does deals with Singapore, Tiger, Skywest

smh.com.au 29 Oct '12, 11pm

Virgin has snapped up 60 per cent of low-cost carrier Tiger Airways. Photo: Dallas Kilponen In a stunning round of transac...

Singapore Airlines Beli 10% Saham Virgin Austra...

tribunnews.com 30 Oct '12, 12am

TRIBUNNEWS.COM SYDNEY - Virgin Australia Selasa mengatakan pihaknya telah menjual 10 persen saham senilai 105 juta dollar ...

Singapore Airlines Akuisisi 10% Saham Virgin Australia

Singapore Airlines Akuisisi 10% Saham Virgin Au...

economy.okezone.com 30 Oct '12, 7am

- Singapore Airlines akan mengakuisisi 10 persen saham Virgin Australia. Hal itu dilakukan melalui kesepakatan yang akan m...

Singapore Airlines Kuasai Saham Virgin Australi...

tempo.co 30 Oct '12, 2am

- Singapore Airlines (SQ) membeli 10 persen saham maskapai penerbangan Australia, Virgin Australia Holdings Ltd. Pembelian...

Hot Stocks STOCKS NEWS SINGAPORE-Brokers say Ti...

reuters.com 31 Oct '12, 2am

Several brokers said Tiger Airways Holdings Ltd is set to benefit after Virgin Australia Holdings Ltd said it will buy 60 ...

Matthew Modine Sells in the East, Buys in the West

Matthew Modine Sells in the East, Buys in the West

realestalker.blogspot.com 01 Nov '12, 10pm

**We're quite sure that there are swarming hordes of people of all creeds and financial abilities who love them a rain hea...