Jet Airways lenders to take 9.5% stake, massive haircut

By Beena Parmar

  • 01 Jul 2021
Premium
Credit: Reuters

The final winning bidder consortium of Dubai-based businessman Murari Lal Jalan and German investor Florian Fritsch will acquire embattled Jet Airways Ltd for Rs 500 crore ($67 million) under the insolvency resolution process.  In total, the successful resolution applicant has proposed a total cash infusion of Rs 1,375 crore, of which ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.