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Jet saga: Lenders delay stake sale to make room for more potential bidders

SBI Caps extends bid deadline till tomorrow to give room to more potential buyers; airline's board to meet today

Topics
Jet Airways Crisis  |  Sbi  |  Etihad

Aneesh Phadnis Arindam Majumder & Surajeet Dasgupta  |  Mumbai/ New Delhi 



Jet Airways

Delaying the stake sale process, lenders to the airline have extended the deadline for submission of expressions of interest (EoIs) by two days to April 12. At least two EoIs were received Wednesday evening, but the deadline was extended as some potential bidders sought more time, confirmed Capital Markets Ltd, investment banker appointed for the deal.

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First Published: Thu, April 11 2019. 01:01 IST

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