Etihad ups stake

Etihad is believed to have boosted its stake in Virgin Australia by a further 1.4 per cent, closing in on its goal of gaining 19.9 per cent of the share register. The Middle Eastern airline is said to be the buyer of a block of almost 37 million Virgin shares on Monday for $14.5 million. Before the latest purchase, Etihad had a stake of 10.55 per cent.

By InvestSMART · 3 Sep 2013

By InvestSMART ·
3 Sep 2013

Share

Comments

Print

Etihad is believed to have boosted its stake in Virgin Australia by a further 1.4 per cent, closing in on its goal of gaining 19.9 per cent of the share register. The Middle Eastern airline is said to be the buyer of a block of almost 37 million Virgin shares on Monday for $14.5 million. Before the latest purchase, Etihad had a stake of 10.55 per cent.

Share this article and show your support

Proudly

Etihad ups stake

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}

{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}

{{ content.upgradeHeading.replace('{0}', user.FirstName) }}

Updating information

Please wait ...

Your membership to InvestSMART Group recently failed to renew.

You've recently updated your payment details.

Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial

Please click on the ACTIVATE button to finalise your membership

Unsuccessful registration

Forgotten password