Saudi Gazette - India’s Jet leaps 19% on Etihad deal approval talk:
"Shares in Indian carrier Jet rose as much as 19 percent Friday on hopes a government panel may approve a deal allowing Abu Dhabi-based Etihad to acquire a stake in the airline.
The deal, through which Etihad Airlines would hold a 24 percent Jet stake, was announced in April but is yet to be cleared by India amid concerns about ownership control.
India's Foreign Investment Promotion Board (FIPB), a government body, had said it would meet next Monday, when the Jet-Etihad agreement was expected to be discussed."
'via Blog this'
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