SpiceJet Gets New Owners, Sets Stage For Expansion
Indian media baron Kalanithi Maran is acquiring 37.73% of budget carrier SpiceJet, with an open offer for another 20%, a deal that could breathe new life into the company. One of Maran’s companies, Kal Airways, will acquire the SpiceJet shares held by Royal Holdings Services Ltd. and Wilbur Ross....
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