|Quoting mariner (Reply 149):|
tihad Airways (EY, Abu Dhabi Int'l) has increased its shareholding in Virgin Australia (VA, Brisbane Int'l) from 24.2% to 25.1% CAPA has reported. The move leaves Air New Zealand (NZ, Auckland Int'l) with a 24.99% shareholding followed by Singapore Airlines (SQ, Singapore Changi) with 22.91%. Virgin Group holds 10% while the remainder is on free float."
There's some debate about the size of the Air NZ holding, though, which seems to be 25.9%
It really is only a matter of time before VAH delists. There is no value in being listed when only 15% of the stock is a free float and there are compliance savings to be made by delisting.