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Etihad set to pick 24% in Jet Airways in $400M deal, transaction at huge premium

By Pooja Sarkar

  • 23 Nov 2012

Etihad Airways of the UAE is close to acquiring 24 per cent stake in India’s second largest carrier Jet Airways in a deal expected to be worth Rs 2,200 crore ($400 million). This will be the first such stake acquisition by a foreign airline after the Indian government opened up ......

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