NEW DELHI: The Competitors and Client Fee of Singapore (CCCS) has granted conditional approval for merging Vistara – which is owned 49% by Singapore Airways (SIA) – into Air India. SIA will maintain 25.1% stake within the merged AI, with Tatas having the remaining stake.The CCCS “identified some competition concerns”…
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Singapore competitors fee provides conditional nod to merge Vistara into Air India
NEW DELHI: The Competitors and Client Fee of Singapore (CCCS) has granted conditional approval for merging Vistara — which is owned 49% by Singapore Airways (SIA) — into. SIA will maintain 25.1% stake within the merged AI with Tatas having the remaining stake.The CCCS “identified some competition concerns” on this…
