Air India’s disinvestment is likely to be delayed further as
the expression of interest (EoI) for bidders will be issued in the first week
of January, 2020. However, the earlier plan was to issue EoI during the current
calendar but the government is taking more time to prepare an attractive deal
for prospective buyers. It is expected to be in place by the time potential investors
return from their Christmas vacation. Interactions held with transaction
advisor EY have shown there’s an interest among major business houses in the
deal. Significant interest has been shown among large companies to acquire the
airline.
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AI’s disinvestment delayed?
By IndianMandarins - 2019-11-10 10:17:00
Air India’s disinvestment is likely to be delayed further as
the expression of interest (EoI) for bidders will be issued in the first week
of January, 2020. However, the earlier plan was to issue EoI during the current
calendar but the government is taking more time to prepare an attractive deal
for prospective buyers.
It is expected to be in place by the time potential investors return from their Christmas vacation. Interactions held with transaction advisor EY have shown there’s an interest among major business houses in the deal. Significant interest has been shown among large companies to acquire the airline.
