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Article: China National ready with offer for rival BRIEFING: SHANGHAI

Article from:
International Herald Tribune
Article date:
January 4, 2008
Author:
Copyright

Bloomberg, Reuters
International Herald Tribune
01-04-2008
China National ready with offer for rival BRIEFING: SHANGHAI
Byline: Bloomberg, Reuters
Edition: 3
Section: FINANCE/BUSINESS

China National Aviation Holding will make a counter offer for a stake in its smaller rival China Eastern Airlines if shareholders reject a 7.16 billion Hong Kong dollar, or $918 million, bid led by Singapore Airlines.

China National will "put forward our proposal," if shareholders reject the offer, the company said in an ...

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