Etihad hold about 8% of VAH they have approval to purchase 10% only from FRB.
To move up to 19.9 this will require further approval.
Etihad & Richard Branson ( seller at 48.cents ) are the only major shareholders that can increase their stake. SIA & Air NZ are at 19.99 (Limit)
Not sure where the on market appetite for the stock is going to come from in the short term?
Yes, SIA could launch a full bid for VAH and I'd say have got the first right of refusal on Richard Branson's stake. The Full bid is not imminent as SIA also own Air NZ and consequently have considerable control and input on VAH current management.
VAH Price at posting:
44.8¢ Sentiment: None Disclosure: Held
