British entrepreneur Jason Unsworth takes up offer to buy stake in Jet Airways with lenders
In an exchange filing, Jet Airways confirmed that it received an unsolicited communication for stake sale and the sender has bee advised to formally engaged with SBI Caps, which is heading the bidding process for the same
- Apr 24, 2019,
- Updated Apr 24, 2019 9:34 PM IST
Jason Unsworth, the British entrepreneur who had expressed interest in acquiring a controlling stake in Jet Airways, has been asked by the airline to take up the matter with its consortium of lenders. In a filing to the stock exchanges, Jet Airways said that Unsworth has been asked to interact with SBI Caps Limited that is leading the resolution plan for the embattled carrier.
Unsworth reportedly wrote to Jet's lenders, who are presently in control of the carrier, but received no response from them. Following this, Unsworth wrote to Jet Airways CEO Vinay Dube, resubmitting his proposal to buy a controlling stake in the airline, a report by Moneycontrol said. As per the report, Dube put Unsworth in touch with the lenders for formal interaction on the matter.
"An unsolicited e-mail communication was received by the company, as mentioned in the above mentioned news item and the sender has been advised to formally engage with SBI Caps Limited, who are leading the bidding process under resolution plan initiated by consortium of domestic lenders led by State Bank of India," Jet Airways said in its stock exchange filing on Wednesday.
Jason Unsworth, the British entrepreneur who had expressed interest in acquiring a controlling stake in Jet Airways, has been asked by the airline to take up the matter with its consortium of lenders. In a filing to the stock exchanges, Jet Airways said that Unsworth has been asked to interact with SBI Caps Limited that is leading the resolution plan for the embattled carrier.
Unsworth reportedly wrote to Jet's lenders, who are presently in control of the carrier, but received no response from them. Following this, Unsworth wrote to Jet Airways CEO Vinay Dube, resubmitting his proposal to buy a controlling stake in the airline, a report by Moneycontrol said. As per the report, Dube put Unsworth in touch with the lenders for formal interaction on the matter.
"An unsolicited e-mail communication was received by the company, as mentioned in the above mentioned news item and the sender has been advised to formally engage with SBI Caps Limited, who are leading the bidding process under resolution plan initiated by consortium of domestic lenders led by State Bank of India," Jet Airways said in its stock exchange filing on Wednesday.