Wed, Nov 26, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

Oman sovereign investment fund eyeing stake in SpiceJet: Report

Posted on 12 August 2013

India’s second largest low-fare airline is in talks with private equity funds, an Oman-based sovereign wealth fund (SWF) and foreign airlines as well as an Indian conglomerate for selling a minority stake to fund its expansion plans. SpiceJet has started fresh rounds of talks, but is yet to finalise any deals, according to a report in an Indian newspaper.
“There are a few Middle-Eastern funds, including Oman Investment Fund, currently talking to the company. In all likelihood, it will be a strategic investor who will do the transaction, with backing from private equity investors,” the Indian paper quoted as saying by a person directly involved in the talks………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15264 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« Oct    
 12
3456789
10111213141516
17181920212223
24252627282930