SIA – Singapore Airlines (SG:C6L) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Singapore Airlines Limited (SIA) has announced a significant step towards the merger of its associate company, Vistara, with Air India Limited, having received government approval for foreign direct investment. Upon completion of the merger, SIA is set to own approximately 25.1% of the expanded Air India entity. The merger, subject to various regulatory approvals, is expected to be finalized by the end of 2024.
For further insights into SG:C6L stock, check out TipRanks’ Stock Analysis page.
