sia engineering co ltd (SIE:Singapore)
Transactions by SIA ENGINEERING CO LTD (SIE) in the last 6 months
Rolls Royce Holdings plc (LSE:RR.) and Hong Kong Aircraft Engineering Company Limited (SEHK:44) entered into an agreement to acquire 10% stake in Hong Kong Aero Engine Services Limited from SIA Engineering Company Limited (SGX:S59) for approximately $120 million on November 23, 2015. The transaction is subject to certain closing conditions, including regulatory approvals and national competition authorities. The transaction is expected to close by March 2016. The proceeds ...
Rolls Royce Holdings plc
Sagem Défense Sécurité SA acquired additional 9% stake in Safran Electronics Asia Private Ltd. from SIA Engineering Company Limited (SGX:S59) for $3.6 million in cash on August 6, 2015. SIA Engineering sold 0.79 million shares of Safran Electronics Asia for $3.56 million. On closing, SIA Engineering and Sagem Défense Sécurité will hold 40% and 60% stake in Safran Electronics Asia respectively. The transaction is not expected to have a material effect on the net tangible ...
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