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Public offer for Jet Airways to start next week

Bombay, India - The carrier planned to sell 17,27 million shares

It has been fixed for next week the beginning of public offer to purchase Jet Airways which planned to sell 17,27 million shares to help repay debt due to its recent expansion. Sources close to the airline said the issue will open either on February 17 or 18. Jet Airways was founded by Naresh Goyal, a former agent travel not resident in India; since the beginning of its foundation, which took place...

AVIONEWS - World Aeronautical Press Agency - 113891
Rome, Italy, 02/09/2005 14:02
AVIONEWS - World Aeronautical Press Agency

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