Sunday, May 20, 2007

China Eastern in smooth talks with S'pore Air-paper

(Reuters) - "So far, the negotiations with Singapore Airlines are smooth
... But when we can reach an agreement will be up to the support
of the government," Li said.




A deal would need support from the China Securities
Regulatory Commission, the country's top stock market watchdog,
and the government agency known as SASAC, which oversees large
state firms, Li said. Li did not give a timing on the planned
tie-up.


Read more at Reuters.com Mergers News

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