
Singapore competition commission gives conditional nod to merge Vistara into Air India – Times of India
[ad_1] NEW DELHI: The Competition and Consumer Commission of Singapore (CCCS) has granted conditional approval for merging Vistara — which is owned 49% by Singapore Airlines (SIA) — into. SIA will hold 25.1% stake in the merged AI with Tatas having the remaining stake.The CCCS “identified some competition concerns” in this transaction, especially as these…