Singapore Air Offers $322 Million to Take Tiger Air PrivateBy
Carrier will pay 41 Singapore cents for every Tiger share
Singapore Air also planning more direct flights to U.S.
Singapore Airlines Ltd. offered to pay S$453 million ($322 million) for the shares it doesn’t own in Tiger Airways Holdings Ltd., the money-losing low-cost unit it listed less than six years ago, saying it wants to enhance operations across the group’s network.
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