Temasek sells 1.85% stake, worth $296m, in Singapore Airlines

Temasek sells 1.85% stake, worth $296m, in Singapore Airlines

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Singapore’s state investor Temasek is selling around S$400 million ($295.92 million) worth of shares, or a 1.85% stake, in the country’s national carrier Singapore Airlines (SIA), according to a term sheet seen by Reuters on Wednesday.