Vistara Air India merger

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Vistara Air India merger – News Portal

Tata Sons announces merger of Vistara with Air India

November 29, 2022November 29, 2022cpooldigitalLeave a Comment

[ad_1] File photo used for representative purpose only. | Photo Credit: PTI Singapore Airlines on November 29 said Vistara will be merged with Tata group-owned Air India. As part of the transaction, SIA will also invest ₹2,058.5 crore in Air India. “This would give SIA a 25.1% stake in an enlarged Air India group with […]

Singapore Airlines in talks with Tatas on Vistara, AI merger

October 13, 2022October 13, 2022cpooldigitalLeave a Comment

[ad_1] Singapore Airlines (SIA) on Thursday informed the Singapore Exchange that it was holding discussions with Tata Sons for the merger of Vistara and Air India. Vistara is a joint venture between Singapore Airlines and Tata Sons in which the former owns 49% stake and the latter 51%. “SIA is currently in confidential discussions with […]