Jet’s 24% stake sale deal with Etihad today
“The deal is likely to happen in two tranches wherein there will be a direct sale of shares in the first tranche and then a second tranche will see issue of fresh equity and warrants,” a person familiar with the development said.
“Post the deal, Naresh Goyal will continue to be promoter and chairman but the board will be expanded to include some nominees of Etihad,” the person said. FE
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