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Etihad sees India clearing Jet Airways deal ‘imminently’

Etihad Airways has said it expects its investment in Jet Airways to be cleared by Indian authorities "imminently," Reuters has reported. Etihad and Jet have extended the deal closing deadline for the second time until the end of September. The deal, which had been delayed due to concerns raised by regulators and politicians in India, won a key approval from the Foreign Investment Promotion Board in late July, but still needs to be cleared by the antitrust regulator and a cabinet panel.