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Singapore Airlines open to offers for Virgin stake

06.06.11

Singapore Airlines said today it is open to any offers for its 49 percent stake in Virgin Atlantic, but would not comment if any bidders have approached it to buy the stake.

The airlines chief executive, Goh Choon Phong, told reporters: ‘I think we have been quite open. We have stated that we are open if somebody is interested in the 49 percent stake in Virgin, they can make an offer and we will evaluate it and make decision based on that.'

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