Page 4 - Potential Transaction News Today

Sculptor Capital Management’s (NYSE:SCU) stock was rewarded with a strong 17.2% rally to finish the week on Friday

In a regulatory filing, SIA says discussions with Tatas are ongoing and no definitive terms have been agreed upon between the parties

Singapore Airlines said that the company was currently in 'confidential discussions with Tata' to chalk out potential transactions on securities of Vistara and Air India, a subsidy of Tata.

Tata Group controls the majority 51 per cent stake in Vistara while 49 per cent of the share is controlled by Singapore Airlines.

The rumours of the Air India and Vistara merger have been put to rest by the statement of Singapore Airlines with the statement confirming their ongoing discussion with Tata Group, read for more details.

Singapore Airlines on Thursday said it is in a confidential discussion with Tata Group for the potential integration of Vistara and Air India.

Singapore Airlines Ltd (SIA) holds a 49 per cent equity interest in Tata SIA Airlines Limited, which operates an Indian full-service airline known as Vistara.

The discussions are ongoing and no definitive terms have been agreed upon between the parties.

Singapore Airlines (SIA) today said it was in confidential discussions with the Tatas seeking to deepen their existing partnership and which might include a "potential integration of Vistara and Air India".

Singapore Airlines is in confidential discussions with Tatas exploring the possibility of merger of Vistara and Air India."SIA is currently in confidential discussions with Tata to explore a potential transaction in relation to the ...