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Singapore Airlines Receives FDI Approval from GoI for Vistara-Air India Merger

Published on September 02, 2024
Current Context: Singapore Airlines has received the approval from the Indian government for its foreign direct investment (FDI) in the proposed merger of Vistara and Air India.
Singapore Airlines Receives FDI Approval from GoI for Vistara-Air India Merger
  • This significant development paves the way for the creation of one of the world's largest airline groups.
  • Key points:
    • FDI approval: Singapore Airlines has been granted permission to invest in the merged entity.
    • Stake acquisition: The airline is expected to acquire a 25.1% stake in the combined Air India-Vistara.
    • Completion timeline: The merger is anticipated to be finalized by the end of 2024.

Question:

1 What stake is Singapore Airlines expected to acquire in the combined Air India-Vistara entity?

  • A) 10%
  • B) 20%
  • C) 25.1%
  • D) 75%
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