SIA Stake In ANZ Down To 4% On Steep Drop In Share Price
Singapore Airlines' stake in Air New Zealand has plunged from 34% to a mere 4% following a loss of NZ$361.11 million (US$154.9million) in the investment last year. SIA's loss was due to a massive drop in the price of ANZ's share caused by the collapse of ANZ's acquisition, Ansett Australia, in early...
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