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Indian TV's business man ready to buy additional 20% of Spicejet

New Delhi, India - Welcomed by the air company's senior officials to make the board compact

The Managing Director and Chairman of Sun TV Network Limited, Kalanithi Maran reportedly plans on investing a sum of Rs 12.20 billion in Spicejet Limited in order to acquire an additional 20% stake in this airline. This offer would be opened out by the Kal Airways Private Limited. Kal Airways , that is promoted by the MD of Sun TV, is reportedly going to spend a whopping Rs 4.79 billion on this offer....

AVIONEWS - World Aeronautical Press Agency - 1118270
Rome, Italy, 06/16/2010 15:03
AVIONEWS - World Aeronautical Press Agency

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