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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Temasek won’t divest Tiger shares in IPO

Posted on 22 December 2009

From Asiaone.com: Singapore Airlines and Temasek Holdings will not be divesting their Tiger Airways shares during the budget carrier’s upcoming initial public offering (IPO), according to a draft prospectus filed yesterday.

Indigo, which owns 24 per cent of Tiger, will divest part of its stake, while the family that owns Ryanair and 16 per cent of the Singapore budget carrier will cut its stake if an overallotment option is triggered………………………………….Full Article: Source


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