Etihad, Jet get deal approval from India’s competition regulator
This was the last hurdle for Jet Airways as the Indian cabinet had cleared the deal on 4 October
Mumbai: The Competition Commission of India (CCI) on Tuesday cleared the ₹ 2,058 crore Jet-Etihad deal that involves Abu Dhabi-based Etihad Airways PJSC buying a stake in Jet Airways (India) Ltd, the first such investment since the government allowed foreign airlines to invest in their Indian counterparts.
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