(Bloomberg) -- Temasek Holdings Pte, a Singapore
state-owned investment company, may join its unit Singapore
Airlines Ltd. to bid for a stake in China Eastern Airlines Corp.,
Morgan Stanley said.
A joint investment with Temasek, which owns 56 percent of
Singapore Airlines, means the carrier can gain ``strategic''
control of China Eastern without paying entirely on its own,
analysts Chin Lim, Sophie Loh and Edward Xu wrote in a report.
Read more at Bloomberg Emerging Markets News
state-owned investment company, may join its unit Singapore
Airlines Ltd. to bid for a stake in China Eastern Airlines Corp.,
Morgan Stanley said.
A joint investment with Temasek, which owns 56 percent of
Singapore Airlines, means the carrier can gain ``strategic''
control of China Eastern without paying entirely on its own,
analysts Chin Lim, Sophie Loh and Edward Xu wrote in a report.
Read more at Bloomberg Emerging Markets News
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