Bangalore: Etihad Airways' chief executive said on Thursday that a deadline to win regulatory approval for the airline's planned $379 million stake in Jet Airways has been extended until end of August.
Abu Dhabi-based Etihad agreed in April to buy a 24 per cent stake in Jet, but political concerns and scrutiny by Indian market regulators have delayed the deal. A so-called "long-stop" deadline for the deal to win regulatory approvals was initially set for July 31.
Read News in Full/01/08/13 Reuters/NDTV
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