So 5 minutes on the internet (of things) and I found...
Etihad owns 24% of Jet
Jet shares are at 755 INR (Indian Rupee)
Jet has 113,597,383 shares outstanding traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in Mumbai
1 INR = 0.015 USD
49% of Jet could be acquired for $615M USD plus a premium to complete the transaction. 24% from Etihad and 25% on the open market for an all in price of ~ $750-$800M USD after fees and premiums.
You heard it here first!
Or
It could be nothing. DYODD.