Shares in Skywest, the Australian and South East Asia regional airline, rocketed after the firm announced that it has received an offer from Virgin Australia to acquire its entire issued share capital.
Virgin Australia plans to offer Skywest shareholders AUS$0.225 cash and 0.530 Virgin Australia shares for every one Skywest share. Based on Virgin Australia's closing price on October 29th, this equates to AUD$0.4688 per Skywest share.
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Government revives Pensions Commission to tackle retirement savings crisisAlmost half of working-age adults save nothing into a pension. We look at why tomorrow’s pensioners are on track to be poorer than today’s
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HMRC suspects the wealthy underpaid £343m in inheritance tax – how to avoid falling foul of the rules‘Missing’ inheritance tax is expected to soar as the government aims to raise extra £2 billion through rule changes
