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Five Bids of EOI received including one from Etihad Airways for Jet Airways

By HindusthanSamachar | Publish Date: Apr 12 2019 6:36PM
Five Bids of EOI received including one from Etihad Airways for Jet Airways
New Delhi, Apr.12(HS) Till now, five bids of Expression of interest (EOI) have been received to acquire stake in crisis struck Jet Airways.This bidding process has been extended for two days more.The received bids are from National Investment and Infrastructure Fund(NIIF), TPG Capital, Indigo Partners, a group of Thinkequity-Redcliffe Capital and Etihad Airways. Etihad Airways holds 24 percent stake in Jet and now it wants to increase it to 49 percent after stepping down of Naresh Goyal as Chairman from Jet.Air Canada, a Canadian Airline, is also in talks with lender banks and has asked for more time to submit the bid. The bids received by today will be scrutinized but qualified bidders can do bidding by April 30.Hindusthan Samachar/Bharati \
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