Carlyle to acquire 5.9% stake in SpiceJet

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Global Mod
Global Mod
Carlyle to acquire 5.9% stake in SpiceJet SpiceJet, the low-fare airline, is seeking shareholder approval to sell a 5.91% stake to aircraft lessor Carlyle Aviation at INR 48 per share. The company is also seeking approval to raise up to INR 2,500 crore through a qualified institutional placement. Shares of SpiceJet rose 7.2% on the news.
 
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