Singapore Airlines (SIA), which on Monday raised its offer price for Tiger Airways, garnered acceptances amounting to 21.72% of the budget carrier as at 5pm the same day.
Including the 55.76 per cent the group and its concert parties had controlled at the start, this brings the total number of Tiger shares that SIA has garnered to 77.48%.
The deal is conditional on SIA holding more than 90% of Tiger at the close of the offer.
On Monday, SIA raised its offer price from 41 cents to 45 cents a share, saying this will be the final offer to shareholders.
The closing date for the offer has also been extended to 5.30pm on Jan 22, 2016.
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Including the 55.76 per cent the group and its concert parties had controlled at the start, this brings the total number of Tiger shares that SIA has garnered to 77.48%.
The deal is conditional on SIA holding more than 90% of Tiger at the close of the offer.
On Monday, SIA raised its offer price from 41 cents to 45 cents a share, saying this will be the final offer to shareholders.
The closing date for the offer has also been extended to 5.30pm on Jan 22, 2016.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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