Singapore Airlines S$497.3 million acquisition of Tiger Airways

7/2/2016

Public acquisition

Value:

S$ 497 million

Status:

Completed

Date:

7/2/2016

Overview:

Singapore Airlines (SIA) has acquired Tiger Airways for S$497.3 million.
Tiger, operating as Tigerair, is a budget airline headquartered in Singapore and operates services to regional destinations in South East Asia, China and India.
SIA, listed on the mainboard of the Singapore Exchange, is the flag carrier of Singapore with its hub at Singapore Changi Airport.

Katrin Kostadinova - Data analyst

Jurisdiction:

Singapore

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

Singapore

Industry sector:

Aviation

Firms:

Allen & Gledhill

Party: Singapore Airlines (Acquirer)

Rajah & Tann Singapore

Party: Maybank Kim Eng Securities (Financial adviser)

WongPartnership

Party: Tiger Airways (Target)

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