Browse
related articles
Etihad's Jet stake deal may be finalised in May
- United Arab Emirates: Thursday, April 18 - 2013 at 02:49
Etihad Airways' stake purchase deal of India's Jet Airways may be finalised within a month, Business Standard has reported, citing a source in the aviation ministry. "The issues related to Bilateral Investment Protection Agreement (BIPA) with UAE will take its own course," said the source. "The government is finding ways to assure UAE government on investments into India. The deal could be finalised even before BIPA takes shape." Etihad has been in talks over an equity stake in Jet of 24% since September, but the deal has slowed over concerns of past failed forays by Gulf investors into India and the Abu Dhabi-based airline's demands to protect its potential investment.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
