MUMBAI: Shares of Jet Airways IndiaBSE -3.40 % Ltd dropped as much as 5.8 percent on Thursday after Reuters reported a stake sale to Abu Dhabi's Etihad Airways could be delayed until at least August, two dealers said.
The delay could come as Etihad is seeking assurances following setbacks for several Gulf investors in India, two sources familiar with the talks said.
Jet shares were down 3.2 per cent as of 0400 GMT.
http://economictimes.indiatimes.com/markets/stocks/stocks/in/news/Jet-Airways-shares-fall-on-worries-Etihad-stake-sale-may-be-delayed/articleshow/19488693.cms
The delay could come as Etihad is seeking assurances following setbacks for several Gulf investors in India, two sources familiar with the talks said.
Jet shares were down 3.2 per cent as of 0400 GMT.
http://economictimes.indiatimes.com/markets/stocks/stocks/in/news/Jet-Airways-shares-fall-on-worries-Etihad-stake-sale-may-be-delayed/articleshow/19488693.cms
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