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AI’s disinvestment delayed?

By IndianMandarins- 10 Nov 2019
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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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