SpiceJet says not in talks with TPG for stake sale
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MUMBAI |
MUMBAI (Reuters) – SpiceJet said on Tuesday the company was not in discussions with private equity firm TPG Capital for stake sale.
On Monday, shares in budget carrier SpiceJet had risen almost 5 percent after the Economic Times newspaper reported that TPG Capital was negotiating to buy a minority stake in the company.
(Reporting by Kaustubh Kulkarni)
Article source: http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/szwntsvFtC4/idINIndia-58918920110823
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