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Wednesday, January 16, 2019

'Etihad to invest in Jet at discounted Rs 150/share'

Etihad chief executive Tony Douglas has written to State Bank of India (SBI) on the restructuring plan for the airline, the report said. Etihad, which owns 24 per cent of Jet, wants exemption from the market regulator on preference pricing and open offer guidelines to invest more for the bailout, the report added.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2VT7abu

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