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Aircraft and finance. Jet Airways board accepts Etihad's offer for the sale of a minority stake

New Delhi, India - The Middle-Eastern carrier will pay 10.71 Euros per share

On Wednesday 24 April 2013 the board of the Indian carrier Jet Airways communicated in a note sent to Bombay Stock Exchange it has accepted the offer of Etihad Airways for the purchase of a minority stake: the Abu Dhabi-based company will buy 27,263,372 shares (roughly 24%) of the Mumbai-based airline at a price of 754.74 rupees (10.71 Euros) per share, with an overall investment of roughly 292 million...

AVIONEWS - World Aeronautical Press Agency - 1151691

AVIONEWS - World Aeronautical Press Agency
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