| Oman’s sovereign wealth fund is among the parties in talks to take a shareholding in Indian low-cost airline SpiceJet, it was reported. Business newspaper LiveMint, citing an individual involved in negotiations, said that Oman Investment Fund was joined by a number of other Middle Eastern funds, foreign airlines and an Indian conglomerate.
Earlier this month Dubai’s Emirates Airline denied reports it was in talks to acquire a stake in the Chennai-based carrier, which has also been linked to tie-ups with Qatar Airways and Kuwait Airways. A deal is said to not be imminent...............................................Full Article: Source
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