|
|
|||||||
| Coffee Shop Talk of a non sexual Nature Visit Sam's Alfresco Heaven. Singapore's best Alfresco Coffee Experience! If you're up to your ears with all this Sex Talk and would like to take a break from it all to discuss other interesting aspects of life in Singapore, pop over and join in the fun. |
 |
|
|
Thread Tools |
|
#1
01-01-2015, 07:10 AM
|
|||
|
|||
SIA lost so much on the Virgin Atlantic stake
An honorable member of the Coffee Shop Has Just Posted the Following:
On 20 December 1999 Richard Branson signed an agreement to sell a 49% stake of Virgin Atlantic to Singapore Airlines to form a unique global partnership. The cost of the transaction to Singapore Airlines was £600.25 million, which included a capital injection of £49 million and valued Virgin Atlantic at a minimum of £1.225billion. Delta paid $360-million (U.S.) last year for 49 per cent of Virgin. Exchange rate was USD1.6 in 1999, so SIA spent US$1.04 billion. The loss to SIA for this investment is US$678 million. Click here to view the whole thread at www.sammyboy.com. 
|
| Advert Space Available |
|
|
| Bookmarks |
|
|
