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Old 01-13-2016, 07:28 PM   #5  
Gets Weekends Off
Joined APC: Mar 2015
Position: obstreperous contumacious approbatory imprimatur
Posts: 4,244

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!


It could be nothing. DYODD.
notEnuf is offline