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Etihad deal will bring down company's debt to $1.5 bn: Jet

Jet Airways on Friday said its 24 percent stake sale to the gulf carrier Etihad will bring down its debt to USD 1.5 billion from the current USD 2.1 billion.

Jet Airways shareholders approve Etihad deal

The deal is being looked into by Competition Commission of India (CCI) and Securities and Exchange Board of India (Sebi) besides other regulators.

Etihad deal to improve profits, cut costs: Naresh Goyal

At the EGM, shareholders approved the proposed issue of shares on a preferential basis to Etihad.