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Etihad will pick 24% in Jet for $375M, may have more board nominees than Naresh Goyal

Etihad will pick 24% in Jet for $375M, may have more board nominees than Naresh Goyal

30 Jan 2013

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Etihad will pick 24% in Jet for $375M, may have more board nominees than Naresh Goyal

Etihad Airways of the UAE is close to sewing a two-tiered deal to buy 24 per cent stake in Jet Airways, India’s second largest carrier, in a deal expected to be worth Rs 2,000 crore ($375 million), according to sources. This will be the first such stake acquisition by a ......