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TPG Capital planning to invest in Jet Airways: Report

21 Aug 2018 Evaluate

TPG Capital is reportedly planning to invest in Jet Airways India. TPG Capital may invest more than $100 million, but the size of the stake dilution and investment are not finalized. TPG Capital is planning to acquire stake in Jet Airways’ frequent-flyer loyalty programme.

Jet Airways is India’s premier international airline, which operates flights to India and overseas. The company’s robust domestic India network spans the length and breadth of the country covering metro cities, state capitals and emerging destinations.

Peers
Company Name CMP
Interglobe Aviation 4796.00
SpiceJet 8.61
TAAL Tech 964.35
Taneja Aerospace 328.95
Global Vectra Helico 121.70
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