India Cabinet clears Jet-Etihad deal | GulfNews.com:
"India on Thursday approved Jet Airways (India) Ltd.’s plan to sell a 24 per cent stake to Etihad Airways, removing the last barrier to the $339 million deal.
The stake sale had been delayed for close to six months on concern from Indian regulators that Etihad would use its stake to gain control of the Indian airline.
India’s Cabinet Committee of Economic Affairs approved the deal late yesterday, a government official said.
A Jet spokeswoman declined to comment. Thomas Clarke, a spokesman for Etihad, didn’t respond to a phone call."
'via Blog this'
No comments:
Post a Comment