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  • JP Morgan and Morgan Stanley, Kalanithi Maran, spicejet sold to co founder, Kal airways

    SpiceJet Sold to co-founder 15 January 2015

    In a sign of relief to the Loss-making airlines, SpiceJet, co-founder Ajay Singh has signed an agreement with Sun Group Chairman Kalanithi Maran, who controls 53 percent stake in the airline to take over ownership, however the financial details were...

    Keywords: Sun Group, Sun Group, TPG Capital, JP Morgan and Morgan Stanley

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