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FINANCIAL NEWS
Qatar Airways plans to acquire stake in SpiceJet
19 Oct 2013
(MENAFN) Qatar Airways in holding talk with SpiceJet to acquire a minority stake in the Indian airline, Arabian Business reported.
Talks are still in a preliminary stage and focus around the Qatari airline acquiring a 24 percent stake in the Indian low cost carrier.
Reports of this deal come following the approval of a USD330 million deal by Etihad Airways to acquire a stake in Jet Airways.
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