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Stock exchange doesn't approve China Eastern stockholders' choice

Shanghai , China - And their manager neither

The decision of the shareholders of China Eastern, major Chinese airline, to reject the offer presented by Singapore Airlines to buy a 24%-share of the share parcel, has not met the favour of the stock exchange, and either that of the company's management, which had brokered the deal. At the Shanghai stock exchange, the China Eastern shares lost yesterday almost 11%, while resisted in Hong Kong, drawing...

AVIONEWS - World Aeronautical Press Agency - 1084313

AVIONEWS - World Aeronautical Press Agency
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