India: Tata Sons said to be in early talks to buy debt-laden Jet Airways stake

India: Tata Sons said to be in early talks to buy debt-laden Jet Airways stake

Photo: Bloomberg

Tata Sons Ltd has held preliminary discussions to buy a large stake in debt-laden Jet Airways (India) Ltd, the Times of India reported on Thursday. Tata has sought management control of Jet Airways, seeking at least 26% initially and another 26% via an open offer later, the paper said.

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