Tuesday, June 20, 2006

Seven firms bid to prepare A-I, IA merger roadmap

New Delhi: State-run carrier Air-India has received responses from seven consortia evincing interest in preparing a roadmap for the proposed merger of Air-India and Indian Airlines.
The last date for submission of expression of interest was May 31.
According to a release from Air-India, the firms that have responded include Accenture and Ambit Corporate Finance, BOB Capital Markets and Airline Capital Associates, Karnik and Associations and Anmol Sekhri and Associates, Ernst and Young and IDBI Bank, Lufthansa Consulting and Luthra and Luthra.
Other firms that have applied include ICICI Securities in association with Deloitte Touche Tomastsu, NM Rothschild and Sons, Centre for Asia Pacific Aviation and MV Kini and Co, JM Morgan Stanley and AT Kearney with Amarchand Mangaldas, Price Waterhouse Coopers and SBI Capital Markets with Simant, Hilliesen and Eichner, Trilegal and Lodha and Co.
20/06/06 Crisil Marketwire/Business Standard

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