Mumbai: South American conglomerate Synergy Group and Delhi-based Prudent ARC are understood to have submitted expressions of interest (EoIs) to acquire Jet Airways. Now, all eyes will be on the February 8 deadline for the two potential bidders to present their formal resolution plans for the beleaguered airline.
The Hinduja Group, which was reported to be interested, has not submitted an EoI. Today (Thursday) was the last day for the submission of EoIs. “Hinduja wasn’t interested in placing a bid for the airline. It was a rumour,” said a source.
The stock prices of Jet Airways have been rallying for the past three days.
The airline’s Resolution Professional (RP) was unavailable to comment on the bids. As on October 20, total claims against Jet stood at ₹36,090 crore, of which the RP has so far admitted over ₹14,640 crore.
15/01/20 Forum Gandhi/Business Line
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The Hinduja Group, which was reported to be interested, has not submitted an EoI. Today (Thursday) was the last day for the submission of EoIs. “Hinduja wasn’t interested in placing a bid for the airline. It was a rumour,” said a source.
The stock prices of Jet Airways have been rallying for the past three days.
The airline’s Resolution Professional (RP) was unavailable to comment on the bids. As on October 20, total claims against Jet stood at ₹36,090 crore, of which the RP has so far admitted over ₹14,640 crore.
15/01/20 Forum Gandhi/Business Line
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