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Your search for Stake found the following documents (of 52086 documents searched):
Displaying documents 41-48 of 4307, with best matches first:
- 41. Etihad Airways Increases Stake in Virgin Australia to 19.9%
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Etihad Airways has confirmed its equity stake in Virgin Australia Holdings has now reached 19.9%. The Abu Dhabi-based airline now holds more than 515 million shares in its equity partner airline. At 19.9%, Etihad Airways has reached the threshold approved by Australia’s Foreign Investment Review Board in June 2013.
- 42. CTM Acquires Majority Stake in Hong Kong's Lotus Travel Group
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Corporate Travel Management has acquired a majority stake in Hong Kong-based Lotus Travel Group in a deal worth AUD50 million (HKD300m).
- 43. Singapore Airlines Sells Virgin Atlantic Stake to Delta
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Singapore Airlines has agreed to sell its 49% stake in Virgin Atlantic Ltd to Delta Air Lines. Under the agreement, Delta will pay US$360 million in cash for Singapore Airlines’ entire shareholding in the UK-based airline group. The agreement is subject to regulatory approvals being obtained in Europe and the United States.
- 44. Delta and Virgin Atlantic to Form Strategic Alliance
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Delta Air Lines and Virgin Atlantic Airways have reached an agreement for a new joint venture that will create an expanded trans-Atlantic network. As part of this joint venture agreement, Delta will invest $360 million in Virgin Atlantic, acquiring a 49 percent stake currently held by Singapore Airlines. The Virgin Group and Sir Richard Branson will retain the majority 51% stake an
- 45. Tiger Airways Acquires 40% Stake in SEAir
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Tiger Airways Holdings has completed the transaction to acquire a 40% stake in Southeast Asian Airlines (SEAir) for US$2.5 million. The purchase price of US$7 million, which was agreed with the sellers, has been reduced by the liabilities determined in a due diligence review. The investment will be held through Tiger’s wholly owned subsidiary Roar Aviation II Pte. Ltd.
- 46. Swissport to Acquire 10% Stake in SAS’ Ground Handling Companies
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Swissport International and Scandinavian Airline Systems (SAS) have signed an agreement by which Swissport acquires a 10% stake in each of SAS' three ground handling companies. The acquisition which has insignificant impact on profitability and liquidity of the SAS Group is effective1 November 2013.
- 47. Etihad Airways Given Green Light to Buy More of Virgin Australia
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Etihad Airways has welcomed the decision by the Australian Government to allow the airline to increase its equity stake in Virgin Australia Holdings to a maximum of 10%. Etihad Airways currently has a 4.99% stake in Virgin Australia, acquired earlier this year, and had applied to the Foreign Investment Review Board (FIRB) to raise the level of its investment.
- 48. Etihad Airways Takes 24% Stake in Jet Airways
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Etihad Airways has taken a 24% equity stake in Jet Airways. On 20 November 2013, Jet Airways issued and allotted 27,263,372 equity shares of a face value of Rs. 10 each at a price of Rs. 754.7361607 per equity share on a preferential basis to Etihad Airways.
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