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Jet Airways lenders to invite bids for stake sale from 6 to 9 April
In an effort to rescue distressed Jet Airways, its lenders today said that it intends to pursue a bank-led resolution plan for sale of stake in company in a time-bound manner. Lenders may mull other options if this does not result in effective outcome. Lenders are likely to invite expression of interest for stake sale on April 6, and it will have to be submitted by April 9.
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