(Bloomberg) -- Shares of Singapore Airlines Ltd.,
Asia's most profitable airline, rose after the company said it's
in talks for a potential investment, fueling speculation it may
take a stake in China Eastern Airlines Corp.
Singapore Airlines is in ``advanced'' talks for a potential
investment, it said late yesterday, without elaborating. China
Eastern today said it has ``important matters'' to announce and
is preparing for the release of information. China's third-
largest airline said on May 14 it had begun government-level
talks about selling a stake, possibly to Singapore Airlines.
Read more at Bloomberg Emerging Markets News
Asia's most profitable airline, rose after the company said it's
in talks for a potential investment, fueling speculation it may
take a stake in China Eastern Airlines Corp.
Singapore Airlines is in ``advanced'' talks for a potential
investment, it said late yesterday, without elaborating. China
Eastern today said it has ``important matters'' to announce and
is preparing for the release of information. China's third-
largest airline said on May 14 it had begun government-level
talks about selling a stake, possibly to Singapore Airlines.
Read more at Bloomberg Emerging Markets News
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